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Five ways in which the FTSE 100 is not at a record high

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1. In dollar terms.

2. In euro terms.

3. By market cap.

4. Equally weighted.

5. By value of stocks traded.

And as an unadvertised bonus . . . 

6. Inflation adjusted.

Further reading:
FTSE 100 closes at record high as sterling weakens (FT)

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