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FTSE 250 recovers to pre-pandemic levels

The FTSE 250 has now recovered to its level prior to the coronavirus pandemic as the index jumped up today following the Easter break.

The index, which includes Royal Mail and Domino’s Pizza Group, is up 1.2%, or 261.81 points, to 21,994.48 on market closing.

Prior to when the stock market crashed in February 2020, the FTSE 250 peaked at just below 21,900.

The FTSE 100 also crept upwards, by 1.36%, getting above 6,800 on early Tuesday trading to 6,829.09, marking a four-month high.

Markets across the continent put in strong performances, albeit not as strong. The DAX was back above 14,500 following a 0.4% increase, while the CAC is nearing 6,050 once again after adding 10 or so points.

Optimism around a worldwide recover is ever-growing as employment numbers in the US, still the world’s largest economy, far exceeded expectations.

Closer to home, confidence is on the rise as prime minister Boris Johnson confirmed that the reopening of non-essential shops and pub gardens on schedule. Johnson added that there was no reason to to think that there would be any reason to delay the UK’s current roadmap out of lockdown.

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