FTSE 100 touches 7,400 on Christmas Eve

The FTSE 100 continued to move to the upside on Christmas Eve as the Santa Rally in European shares pushed on.

The FTSE 100 was trading at 7,402, up 0.39%, shortly after 10.00am on the Friday before Christmas.

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The rally was broad with 81 of the FTSE 100’s shares higher at the time of writing.

With London’s leading index pushing higher, the FTSE 100 is now up 4.8% so far in December despite fears over Omicron.

IAG was again the FTSE 100’s top riser as bargain hunters stepped in to pick up bargain on hopes travel restrictions wouldn’t be overly detrimental to bookings.

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