THE FTSE 100 hit a record high for the seventh day in a row yesterday to close in on its best-ever run.
London’s list of blue chip companies rose 0.20 per cent, closing up 14.74 at 7210.05.
It was also the first time the 33-year-old index had closed above 7,200.
The FTSE 100’s longest run of record highs is eight days in a row in May 1997.
Another rise on Monday will equal that.
Neil Wilson, senior market analyst at ETX CAPITAL, said: “The bulls are out in force and there’s no stopping the FTSE in 2017.”
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The index also enjoyed its fifth straight week of gains, its longest run since the Brexit vote on June 23.
Big risers included housebuilder PERSIMMON, up 9.0 per cent over the four trading days. It said this week sales rose ten per cent year on year in 2016’s second half.
Mining also thrived, with FRESNILLO up 10.6 per cent for the week.
Clothes seller NEXT was the index’s biggest faller, down 18.1 per cent, after announcing a Christmas sales dip on Wednesday.
US figures out yesterday showed the world’s biggest economy created 156,000 new jobs in December.
Hourly pay in America was up 2.9 per cent compared with the same month in 2015, the biggest increase in more than seven years.
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