Leading shares come off their best levels after election poll news but still close at record highLeading shares hit a new peak - just - helped by a rise in banking and mining shares as well as intriguing developments in Greece which appeared to be taken positively. But a poll showing a 6 point lead for the Conservatives in next week’s general election took some of the shine off.The FTSE 100 finished 33.28 points higher at 7103.98, around 8 points above the previous record close reached on 15 April. But it closed well below the 7122 level it reached earlier in the day, before news of the UK poll emerged.The new negotiating team will look different, but should they employ any particularly different tactic, they would be ignoring the very reason they are currently in office, namely their anti-austerity platform. For this reason, I expect any temporary jubilance in the markets to be just that. Continue reading...
 |
| READ THE ORIGINAL POST AT www.theguardian.com |