London Markets: FTSE 100 hits record high as miners surge; pound jumps

U.K. stocks charged up to record levels Thursday, with mining shares invigorated by a pullback in the dollar and a major investment in Anglo American PLC, while the pound surged on a hawkish development on interest rates at the Bank of England.

The FTSE 100 UKX, +0.52% climbed 0.6% to 7,412,56, on track to surpass its record closing high of 7,382.90 logged on March 1. The index on Wednesday finished up by 0.2%.

The index logged a record intraday high of 7,444.62 Thursday as all sectors gained, led by the basic materials and oil and gas groups.

>>> Original Source <<<