FTSE 100 hits record high on positive corporate updates

Britain’s FTSE 100 extended its record rally on Monday, helped by a slew of positive corporate updates including a report that said mining giant BHP Group was considering a better buyout proposal for Anglo American.

The blue-chip FTSE 100 rose 0.4% to hit an all-time high of 8,185.59 points by 0828 GMT. The index was set to notch gains for the eighth session out of the past nine.

“There are a lot of companies that look attractive, so this is not a short-term rally. We are positioned to outperform in a rising market,” said David Cumming, head of UK Equities at Newton Investment Management.

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