FTSE 100 strikes record close price as European markets jump
The IndependentFor free real time breaking news alerts sent straight to your inbox sign up to our breaking news emails Sign up to our free breaking news emails Sign up to our free breaking news emails SIGN UP I would like to be emailed about offers, events and updates from The Independent. Read our privacy policy The FTSE 100 finished at its highest close price on record on Monday ahead of a key week for economic data. Michael Hewson, chief market analyst at CMC Markets UK, said: “European markets have got the new week off to a positive start helped by further declines in natural gas prices, which have slipped to their lowest levels in almost 18 months on the European Netherlands TTF contract. Today’s weakness in oil and gas prices has prompted some underperformance in the energy sector Michael Hewson, CMC Markets “The FTSE 100 has recovered after slipping below the 7,900 last week, and is on course for a new record close, with trading fairly subdued ahead of tomorrow’s keenly awaited US CPI inflation report. “Today’s weakness in oil and gas prices has prompted some underperformance in the energy sector.” The Dax rose by 0.58%, and the French Cac 40 increased by 1.11% at close.