Page last updated at 15:58 GMT, Wednesday, 30 September 2009 16:58 UK

FTSE 100 has record three months

FTSE 100 screen October 2008
The FTSE has been recovering from the effects of the global financial crisis

The FTSE 100 index of leading shares has enjoyed the best three months in its 25-year history.

The index, which has just closed at 5133.9 points, gained 21% between July and September.

Its next best performance was in the last three months of 1999, while the market was enjoying the dotcom boom, when it rose 14.9%.

Shares have risen in recent months as the world economy has begun its climb out of recession, cheering investors.

FTSE 100 over the past year

"A number of things have come into play at the right time," equities analyst Richard Hunter told BBC News, citing recent company results and economic statistics.

But he questioned whether this rate of growth would continue.

"Markets don't rise in a straight line and at some point, there will need to be a correction.

"But at the moment, those negative factors aren't showing themselves."

The FTSE 100 ended the trading day down slightly - 0.5% - after US manufacturing data worried Wall Street and had knock-on effects in Europe.



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MARKET DATA - 11:36 UK

FTSE 100
5429.64up
23.70 0.44%
Dax
5733.05up
19.54 0.34%
Cac 40
3784.02up
14.48 0.38%
Dow Jones
10403.79up
78.53 0.76%
Nasdaq
2273.57up
35.31 1.58%
BBC Global 30
5707.15up
20.65 0.36%
Data delayed by at least 15 minutes

SEE ALSO
Weak September data hits markets
30 Sep 09 |  Business

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