Ftse 100 hits 9,000 points for the first time

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The FTSE 100 has reached 9,000 points for the first time, since the actions of the United Kingdom benefit from global investors that diversify away from the United States amid the uncertainty about the commercial war of President Donald Trump.

The Blue Chip Stock index in the United Kingdom has exceeded S&P 500 and Stoxx Europe 600 indices so far this year, after increasing 10.3 percent.

The actions of the United Kingdom have benefited this year of greater interest in investors in non -American assets, a trend caused by concern about the formulation of Trump volatile policies.

“It’s a good place to hide,” said Emmanuel Cau, European Equity Strategy Chief in Barclays.

The United Kingdom reached a partial commercial agreement with the US. In early May, that some analysts, according to some analysts, has given the London market an advantage over its European peers.

“As long as we have this tariff, the FTSE 100 should be fine … compared to the indices in the continent that is limited by the tariff uncertainty and the strength of the euro,” Cau said.

The low valuations of the shares that are quoted in London have also attracted those looking for different places to invest this year.

The FTSE 100 is quoted at a price / profits ratio of approximately 17 times, compared to 27.3 for S&P 500, according to LSE data.

“People are scared by Europe with tariffs, so the United Kingdom is almost a” safe refuge “from an assessment perspective,” said Neil Birrell, investment director of the United Kingdom investor, Premier Miton, and added that the United Kingdom’s trade agreement “gives a degree of comfort to investors.”

Cau said that the FTSE 100 was “benefiting largely from the fortress in some major sectors”, including mining, telecommunications, finance and public services.

Defense actions have been some of London’s best artists so far this year. BAE systems have increased around 65 percent since the beginning of the year, while Rolls-Royce has risen 75 percent.

Financial companies have also increased the index after a strong start of the year. Shares in Lloyds Bank rise approximately 41 percent and prudential has increased approximately 47 percent.

However, investors said that the tight fiscal position of the United Kingdom government remains a barrier for greater growth.

“I will fight with the United Kingdom until we are more certain in the fiscal position,” Birrell said.

Barclays’ Cau said “if we see an adequate tie of the bond market” about the fiscal position of the United Kingdom, then “there could be a time to ‘sell the United Kingdom’.