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UK's FTSE rises above 7,000 points for the first time ever

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Britain's top share index hit new record highs on Friday, with the index rising above the 7,000 point level for the first time in its history. The blue-chip FTSE 100 index rose as much as 0.7 percent to a record high of 7,013.83 points going into the close of the trading session.

 

Retail investors often use the fact that a stock market has risen above such key levels as a sign that a bull market run has momentum, with Germany's DAX also having advanced past the 12,000 point barrier to set new record highs.

 

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