London close: Markets finish firmer on Brexit deal chatter
Wed, 23rd Dec 2020 16:15
(Sharecast News) - London stocks popped higher by the close on Wednesday, as sterling was lifted by reports that a Brexit deal between the UK and the EU was all but announced.
The FTSE 100 ended the session up 0.66% at 6,495.75, and the FTSE 250 was 1.74% firmer at 20,297.76.
Sterling was well into the green against its major trading pairs, last rising 1.11% on the dollar to $1.3509, and strengthening 0.84% against the euro to €1.1078. Increased chatter than the UK and the EU will reach a trade deal has boosted sentiment, said CMC Markets analyst David Madden.