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FTSE 100 Climbs to a Fresh Record High as Rolls-Royce and BAE Systems Earnings Beats Lift Shares Higher
['Tony Jackson']
International Business Times Australia
The FTSE 100 rose 0.44%, adding 48.24 points to trade at 10,956.65 as of early afternoon in London, according to index data.
The index touched an intraday high of 10,979.60 during the session, another fresh record, while its low for the day stood at 10,865.37.
Order intake for the period increased to £16.4 billion from £13.2 billion a year earlier, leaving BAE Systems with a record order backlog of £84 billion.
Energy stocks jumped 2.9% during Wednesday's trading as investors weighed the implications of dashed hopes for an imminent resolution to the ongoing conflict between the United States, Israel and Iran.
Dividend-focused investors have also taken note of the strength across the FTSE 100 this earnings season.