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Evening Standard
Evening Standard
Business
Jeremy Cutler

FTSE 100 at record close despite Venezuela nerves

The FTSE 100 rose above 10,000 for the first time (Jeff Moore/PA) - (PA Archive)

The FTSE 100 closed above 10,000 for the first time on Monday as defence stocks and miners climbed amid US-Venezuela uncertainty.

David Morrison, senior market analyst at Trade Nation, said: “The overthrow of Venezuela’s leadership dominated headlines. Yet overall, the European price action suggested investors were unconvinced that immediate market disruption would follow,” with trade “measured”, reflecting a “wait-and-see approach”.

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