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Britain's FTSE sets fresh record high on first trading day of 2017

The FTSE 100 ended 0.5 percent higher at 7,177.89 points

UK stock market, London Stock Exchange, Brexit

Britain's top share index hit a further record high on Tuesday, extending an end-of-year rally into 2017, with financials and commodities-related stocks leading the market upwards. The FTSE 100 ended 0.5 percent higher at 7,177.89 points as the London Stock Exchange reopened after a long weekend. It set a record high of 7,205.45, rising above the peak reached at the end of 2016 after a 5.3 percent rally in December, its strongest monthly performance since July 2013. The index ended 14.4 per cent higher in 2016, outperforming major European bourses, as a weakening in ...