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FTSE 100 records best month since 1989 after Covid vaccine hopes

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Index of leading UK company shares rose by more than £180bn in November

The FTSE 100 has recorded its best month since 1989, boosted by growing optimism that an early coronavirus vaccine can trigger a faster than expected economic recovery from the Covid-19 recession.

The index of leading UK company shares has risen in value by more than £180bn, or 12.4%, in November, the strongest monthly performance since January 1989 when the market gained by 14.4%.

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