FTSE 100 flies high with aerospace stocks to the fore

by Newsfeed


The benchmark of the UK’s biggest companies closed up almost 54 points, or 0.87%, at 6,220 on Tuesday

  • FTSE 100 index closes up 53 points
  • Meggitt leads the index higher
  • Aerospace stocks wanted on reports of rethink on 14-day isolation requirement for overseas arrivals

5.05pm: FTSE finishes higher

FTSE 100 index made decent gains again on Tuesday, finishing not far from one percent higher.

The benchmark of the UK’s biggest companies closed up almost 54 points, or 0.87%, at 6,220. The midcap FTSE 250 was also ahead, finishing over 158 points higher at 17,436.

“Stock markets in Europe have posted decent gains for a second day in a row as a slight thawing of US-China trade relations, combined with hopes surrounding the easing of lockdown restrictions has boosted equity sentiment,” noted David Madden, analyst at…



Read Full Article Here