FTSE 100 hits Record High on Glencore approach

Britain’s FTSE 100 hit a record high on Friday, boosted by Anglo-American after Reuters reported Glencore is exploring an approach for the miner, while Diageo advanced after naming a new chief financial officer.

The blue-chip FTSE 100 (.FTSE) was up 0.4% at 8,203.83 points, hitting its record intraday high and is set for a second straight week of gains.

Hopes of early interest rate cuts by the Bank of England and easing geopolitical tensions have led to UK equities hitting seven record highs so far this year.

Fidelity Special Values PLC (LON:FSV) aims to seek out underappreciated companies primarily listed in the UK and is an actively managed contrarian Investment Trust that thrives on volatility and uncertainty.

Click to view all articles for the EPIC:
Or click to view the full company profile:
Facebook
X
LinkedIn
Fidelity Special Values

More articles like this

Fidelity Special Values

Mining momentum lifts FTSE as market eyes tariff clarity

Investor confidence edged higher as heavyweight miners surged, pushing the FTSE 100 into positive territory. All eyes remain on upcoming inflation figures and the latest from Washington, where tariff policy updates could stir global markets. The

Fidelity Special Values

FTSE 100 gains as EU strikes back against US tariffs

European markets edged higher on Wednesday morning as the EU took swift action against the newly implemented US tariffs on steel and aluminium. The move, which removes all country exemptions, signals rising tensions with key trading