The FTSE 100 ended little changed at 6502 during a shortened session on Thursday amid a stronger pound as investors await the EU and the UK to announce a post-Brexit trade deal. An agreement has been reached on fair competition and fishing rights and negotiators are still working on the wording. However, news showed there was a last-minute disagreement over how much fish EU can catch in the UK. Bank shares were among the top performers while multinational stocks declined amid a stronger sterling. On the week, stocks lost 0.4%. The FTSE 100 will be closed on December 25th and 28th for Christmas.
Historically, the UK FTSE 100 Stock Market Index reached an all time high of 7903.50 in May of 2018. UK FTSE 100 Stock Market Index - data, forecasts, historical chart - was last updated on December of 2020.
The UK FTSE 100 Stock Market Index is expected to trade at 6375.97 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6011.85 in 12 months time.