FTSE 100 index hovering above 7,500, a level touched after August 2019

  • Dec 16, 2019 GMT
  • Team Kalkine
 
  • In the December 16, 2019 market session, the broader gauge of the UK large-caps, traded at 3-months high and was hovering above 7,500 level, a level last witnessed in August 2019.
  • At the time of writing at 02:56 PM GMT, the FTSE 100 index traded 177.0 points or 2.50% higher at 7,529.14 and registered an intraday high of 7,549.25 and a low of 7,384.25. This reflects the index experiencing huge swings during the day session.

With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities. 

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