FTSE 100 closes up 9% as markets react to UK lockdown – The Sun

THE FTSE 100 has closed 9 per cent up today in its best ever day of trading and the second biggest percentage rise.

It's the first significant rise at close since the coronavirus outbreak.

The most valuable 100 companies on Britain's main stock index added more than £113 billion to their combined value.

It comes as a relief to investors after it opened nearly 5 per cent down yesterday ahead of a nationwide lockdown.

The index jumped by 452.12 points today, beating the previous record of 431 points, despite a poor start to the day.

It's the FTSE's second-best day on record after November 24, 2008, when it gained 9.8 per cent.

It saw a boost as US politicians prepare to pass what could prove to be a game-changing stimulus package, worth $2trillion (£1.7trillion) to shore up businesses and employees.

More to follow…

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