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The Guardian - UK
The Guardian - UK
Business
Alex Hawkes

6,000 mark proves stumbling block for FTSE 100

The FTSE 100 moved above 6,000 barrier again today, but it seems to be proving difficult for the market to stay above it for long.

In the recent run, the market moved above 6,000 for the first time on December 23rd. That of course lasted just a matter of minutes, with the final trades of the day seeing it fall back to 5,996.

It finished above 6,000, at, 6,008, on Christmas Eve, but dropped back before the end of the year to finish 2010 at 5,900.

For a few days in the New Year it finished regularly above 6,000 and looked like it would push on, only to fall back. It had another spell above 6,000 in mid-January, again dropping off on the 19th.

And despite this morning's surge - when it hit highs of 6,020 - it is now back below the 6,000 mark as we approach lunchtime, standing at 5,992.

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