Friday 10 February 2023 4:fifty three pm
London’s blue chip index closed at 7,882.forty five, down 28.70 facets, or 0.36 per cent as investors paused for breath at the halt of a trading week which saw the FTSE 100 hit an all-time high.
Optimism over the British economy, which narrowly avoided recession, appeared to be tempered with a warning from Jeremy Hunt, Chancellor of the Exchequer, who said the UK ‘was no longer out of the woods yet’.
On Wednesday the index rose by almost one per cent, reaching a peak of 7,934.30 facets, surpassing the traditional high of 7,906.58 facets living on 3 February.
The FTSE 100 ended that day at 7885 facets, up 20 facets or 0.25 per cent larger but below last Friday’s file closing high.
The FTSE 250, which consists of medium sized companies by market capitalisation was down 1.22 per cent at 20,030.07 facets.
FTSE winners incorporated BP and Shell which each announced recored profits in the direction of the week, they have been up 3.24 per cent and three per cent respectively at 563.35p and 2,539.75p.
Losers incorporated Ocado down 11.31 per cent at 634.34p and Standard Chartered which was down 5.24 per cent at 727.3p following First Abu Dhabi Bank’s insistence it was no longer currently evaluating an provide for the bank.
