UK’s FTSE 100 Index Has Gone Nowhere Since 1999 ?
FTSE 100, the benchmark index of the UK equity market peaked at 6,930 in December, 1999. After 17 years, the index closed at 6,125 yesterday, which is lower than where it was in 1999 – when the dot con mania was at the highest level. Does that mean the index has gone nowhere since 1999? Or …
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