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    HomeBlogFTSE 100 ends year up 3.8% but trails rival markets in Europe...

    FTSE 100 ends year up 3.8% but trails rival markets in Europe and US

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    Lack of tech companies leaves UK floundering against Wall Street, where S&P 500 has jumped 25%

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    The London Stock Exchange has ended the year trailing rival markets in Europe and the US, as a stagnating economy and a volatile political climate deterred investment and cast a shadow over the nation’s economic prospects.

    The FTSE 100 index of blue-chip companies reached 7,733 points on Friday, the final trading day of the year. While a late rally helped the index to its highest closing level since late May, it has gained just under 4% since January, compared with a global average of 20%, as measured by the MSCI All Country World Index.

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    ​Business | The Guardian

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