Article 5B1BP FTSE 100 records best month since 1989 after Covid vaccine hopes

FTSE 100 records best month since 1989 after Covid vaccine hopes

by
Richard Partington Economics correspondent
from on (#5B1BP)

Index of leading UK company shares rose by more than 180bn in November

The FTSE 100 has recorded its best month since 1989, boosted by growing optimism that an early coronavirus vaccine can trigger a faster than expected economic recovery from the Covid-19 recession.

The index of leading UK company shares has risen in value by more than 180bn, or 12.4%, in November, the strongest monthly performance since January 1989 when the market gained by 14.4%.

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