Shares in London remained under pressure on Friday, putting the benchmark FTSE 100 on track to record a weekly after a dismal second quarter as investors fret over the impact of soaring inflation and tighter financial conditions on a backdrop of a challenging growth outlook. Regarding individual share price movement, Harbour Energy plunged almost 4%, the most on the FTSE 100, while the second-biggest loser was Abrdn, down more than 2%.
Historically, the United Kingdom Stock Market Index (GB100) reached an all time high of 7903.50 in May of 2018. United Kingdom Stock Market Index (GB100) - data, forecasts, historical chart - was last updated on July of 2022.
The United Kingdom Stock Market Index (GB100) is expected to trade at 6827.46 points by the end of this quarter, according to Trading Economics global macro models and analysts expectations. Looking forward, we estimate it to trade at 6466.30 in 12 months time.