The Courier & Advertiser (Perth and Perthshire Edition)

FTSE 100 closes at record high


London’s top-flight index climbed to record heights after shares soared at drugs giant AstraZenec­a following a major breakthrou­gh for a lung cancer medicine.

The FTSE 100 Index rose 48.76 points to a record all-time closing high of 7,435.39.

AstraZenec­a said that trials of Imfinzi showed it “significan­tly reduces the risk of disease worsening or death” in lung cancer sufferers.

Shares in the pharmaceut­icals giant jumped 9%, or 428.5p to 5,176p, after investors warmed to the potential of Imfinzi, which could help drive income at the firm.

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