‘Santa rally’ sees FTSE 100 hit 22-month high on Omicron optimism

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‘Santa rally’ sees FTSE 100 hit 22-month high on Omicron optimism
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Data suggesting the variant is not as severe as feared pushes index close to pre-pandemic levels

The UK’s benchmark stock market index hit a 22-month high on Friday, coming within touching distance of the levels seen in February 2020 just before stock markets around the world were sent into a tailspin by the first European lockdown.post-lockdown high that it hit last monthTraders on the London Stock Exchange downed tools at 12:30pm on Friday to mark Christmas Eve, while exchanges across much of Europe were closed.

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