The FTSE 100 has achieved a record high, with a 15% growth since the start of the year, despite experts claiming that UK shares are undervalued.
The financial sector, along with the FTSE's defensive qualities and income-generating credentials, are driving these gains. A forecast of £130.4bn in dividends and share buybacks is an added incentive for investors.
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Author's summary: FTSE 100 hits record high with 15% growth.