London stocks hit record high on slumping pound

London's benchmark FTSE 100 index reached an intra-day high of 7,239.26 points in morning deals, extending a record run higher that began ahead of the new yearThe London stock market ended the day on another record high Monday, shrugging off weakness on Wall Street and other European markets, as Brexit concerns battered the pound. In the meantime, eurozone indices headed south, weighed down by weaker prices on Wall Street, where investors were cashing on some of last week's gains, while the euro was steady against the dollar. London's benchmark FTSE 100 index ended higher for the 10th consecutive session, closing up 0.4 percent at 7,243.76 points and extending a record run higher that began ahead of the new year.


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