The FTSE 100 shrugged off this summer’s sharp sell-off to close yesterday up 10.7% on the year – its fourth consecutive year of double-digit growth.
The index finished 2006 a few points short of the near six-year high of 6,260 it reached two weeks ago, but its steady climb from a low point in 2003 represents a total return of 115% over 45 months.
The rise in the benchmark FTSE 100 produced a 14.8% return if dividends were reinvested.
