It’s easy to shrug at the return of the in 2024 when compared to the . But I don’t think it’s too bad considering all that UK investors have had to contend with. Mixed year We’ve had some good news, of course.
Inflation returned to the Bank of England’s 2% target in May. A clear outcome to July’s General Election was also regarded as a positive, especially considering the political instability in other nations. On the flip side, concerns in the weeks leading up to October’s doom-laden first Budget from Chancellor Rachel Reeves prompted many to sell assets in advance.
A lack of new companies listing (and an increasing number wanting to move to the US) didn’t exactly portray the in the best light either. But some believe the FTSE 100 could be set for a sparkling 2025. Investment Director Russ Mould thinks the index could even hit 9,000 by the end of the year.
Still a bargain One reason is good old-fashioned value. UK stocks still look inexpensive relative to other countries and, in Mould’s view, “ “. For evidence of this, he draws on tech titan .
Analysts have the US giant generating the equivalent of £87bn in net income in 2025. That’s “ ” what the companies in the FTSE 100 are projected to make collectively. And yet the iPhone maker is worth more than our index on its own! By Mould’s calculations, the FTSE 100 would still only be trading on a of 13.
3 at 9,000. There would also be a 3.6% to juice that return.
What could go wrong? Clearly, this ou.
