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FTSE 100 fails to maintain its post-Covid highs


Sainsbury s shares closed up
The London Stock Exchange’s leading index dropped off from its post-pandemic highs reached on Friday but managed to remain above the psychologically important 7000-point barrier.
The FTSE 100 closed the day down 19.45 points at 7000.08 having crossed the threshold on Friday for the first time since the pandemic hit, wiping off 10% of the index’s value.
An easing of lockdown restrictions helped matters, retailers enjoyed the best of the spoils. Shares in Sainsbury’s, Tesco Ocado, B&M, Kingfisher and Primark owner Associated British Foods were all in the top 10 risers.
A strong pound played its part in knocking back the index, with sterling reaping the benefits of currency traders in the US selling off the US dollar over inflation fears. ....

United Kingdom , City Of , Noel Quinn , Tesco Ocado , Connor Campbell , Pershing Square , Associated British Foods , Finnish Minerals Group , Johnson Matthey , Madison Industries , Federal Reserve , Melrose Industries , Scottish Mortgage , United Utilities , German Dax , French Cac , Gemma Woods , Scottish Mortgage Trust , ஒன்றுபட்டது கிஂக்டம் , நகரம் ஆஃப் , நோயல் க்வின் , இணைப்பான் கேம்ப்பெல் , தொடர்கிறது சதுரம் , தொடர்புடையது பிரிட்டிஷ் உணவுகள் , பின்னிஷ் தாதுக்கள் குழு , ஜான்சன் ம்யாட்தீ ,