27.04.2020 FTSE 100 Daily Analysis

27.04.2020 FTSE 100 Daily Analysis

The FTSE 100 closed on Friday at £5750.94 and opened slightly higher. As of the time of writing of this article the FTSE 100 was trading at £5832.03, 79 points higher. What's really catching the public's and investor's attention though is the fact that FTSE 100 companies apparently are claiming for millions of pounds from the government for workers yet they paid the CEOs averagely £3.5 million. This doesn't sound right because it seems the companies have their priorities in the wrong places and the gap between the executives is just too massive. However, the UK stock market is rising along with the rest of the European Stock markets because of rising hopes that the lockdown will be easing soon. Europe is hoping that they are already past the peak of the infections. The UK hopes that by May 15 a part of the economy should be up and running. Today marks the first day that Prime Minister Boris Johnson will be back in the office after his brush with death fighting the Corona Virus.