Record close for the top tier
The FTSE 100 shrugged off Friday 13 superstition to post its 12th consecutive record close yesterday as the pound shed some gains and housebuilding stocks pulled higher.
London’s top tier index rose 45.44 points, or 0.6% to a fresh closing high of 7,337.81, pushing past Thursday’s record finish of 7,292.37.
It was helped by the pound, which saw gains against the US dollar momentarily stall after the release of retail sales and consumer sentiment figures across the Atlantic.
Sterling resumed its climb to trade higher by 0.4% at $1.220 in later trading.
Against the euro, the pound was up by 0.2% at 1.148.
Brent crude oil prices fell 0.7% to $55.72 a barrel as investors doubted the likelihood of Opec members and major producers sticking to pledged supply cuts.