FTSE enjoys best January since 1989

AOL Money Staff
Man looking at computer screen
Man looking at computer screen

London's FTSE 100 Index has enjoyed its best January for 24 years after a new year rally boosted the value of UK blue chips by about £96 billion.

The top flight has risen by more than 6% - or 379 points - since the start of the year, making it the best January performance since 1989 and the third best in the history of the FTSE 100. The rise came despite a poor session for the FTSE 100 on Thursday, down 46.2 points at 6276.9, as the new year rally looked to be fizzling out.