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2025.08.2116:10:46UTC+00FTSE 100 Closes at Record High

The FTSE 100 continued its upward momentum, achieving a new record high for the fourth consecutive day, despite a session of fluctuating activity. Investor sentiment was bolstered by encouraging data revealing a reduced public sector deficit alongside robust private sector output, which in turn lowered the likelihood of an additional interest rate cut by the Bank of England this year. Stocks in the defense and aerospace sectors saw gains due to increased demand amid uncertainties surrounding a Ukraine peace agreement, with BAE Systems rising by 2%. Nonetheless, the index experienced some downward pressure from several companies trading ex-dividend, including Mondi, Legal & General, Entain, and Schroders, which were among the major decliners.

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