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London’s FTSE 100 steadies near record highs

London’s FTSE 100

London’s FTSE 100 share index edged higher in early trade on Friday, closing in on record highs. The benchmark index was up 2.98 points at 7,520.69 – not far from its record close of 7,522.03.

Business media group Informa was the best performer on the index, up 4.3%.

In a trading update, the company said it had seen “continued improvement” in the first four months of the year, adding it was on track to hit full-year expectations.

Experian was the biggest faller on the index, down 2.1%, after Deutsche Bank cut its rating on the credit data company to “sell” from “hold”.

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Paul

The author Paul