Business
These UK Stocks Are Expected To Pay Bumper Dividends But Beware Of Broken Promises
July 8, 2021
February 1, 2025
By Evans Momodu
1 minute read
The FTSE 100 has reached another record high, marking its strongest monthly performance in over two years.
The index, which tracks the most valuable companies on the London Stock Exchange, closed at 8,666.65—surpassing the previous record set on Thursday after four consecutive days of gains.
January has been the best-performing month for the FTSE 100 since November 2022, when markets rebounded following the fallout from Liz Truss’s mini-budget.
A shift in investor sentiment is driving the surge, as traders move away from tech stocks amid concerns over AI investment.
The recent debut of the Chinese AI chatbot DeepSeek has demonstrated that advanced AI technology can be developed faster and with less investment than previously thought, prompting some investors to reevaluate their positions in AI-focused companies.
Additionally, expectations of further interest rate cuts and cheaper borrowing have bolstered market confidence, contributing to the index’s record-breaking momentum.
Source: Sky news
