Four factors powering the FTSE 100 to record highs

What was behind the market bouncing back?

Russ Mould, investment director at AJ Bell, looks at four contributors to the upward march of the FTSE 100.

Russ Mould, investment director at AJ Bell, looks at four factors that have played a part in boosting the FTSE 100. The FTSE 100 underperformed its global stock market peers in total return, sterling terms in 2016 and 2017, something that will have not gone unnoticed by contrarian bulls. However, all eyes now will be on whether the blue-chip index can break through the 8,000 barrier. Admittedly 8,000 does not leave a lot of capital upside for the rest of the year. But if it gets there and stays there that would be a 4% capital gain for the year with a 4%-plus dividend yield on top ...