London’s FTSE 100 stock index has touched a fresh high, driven by strong corporate results as investors moved money away from tech and semiconductor stocks amid the global tech stock sell-off. On a day of fresh losses for the tech-heavy Nasdaq index, the FTSE 100 closed up 0.3% at 10,908, marginally below its record closing value of 10,910 in February. The FTSE 100 is heavily weighted towards the finance and energy sectors, meaning it has been largely shielded from the sell-off in tech stocks that has rattled other global markets, particularly in Asia and New York. Analysts said disappointment over SK Hynix’s earnings highlighted investors’ concerns about how long tech companies could continue their spending spree on the technology. Apple benefited from the falls as investors losing confidence in AI stocks sought a safe haven.