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London stocks move higher before Christmas despite weaker housebuilders

The FTSE 100 finished 34.27 points, or 0.42%, higher to end the day at 8,136.99.


Despite a sluggish week of economic news and a downturn in the housing sector, the FTSE 100 finished higher on Christmas Eve. The upward trend was driven by hopes for improved consumer sentiment next year, leading to higher retail stock performance. Essentially, the London stock market experienced a pre-Christmas boost fueled by optimism about the future consumer spending, offsetting negative news from the housing market.


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