Britain's FTSE 100 hit yet another all-time high Wednesday, surpassing the 7,300 barrier at the benchmark moves towards an historic twelfth consecutive session of gains.
The index was quoted at 7,313.67 at 15:00 GMT, having added 39 points, or 0.55%, on the day as basic material, consumer and industrial stocks lead the advance. The gains extend the FTSE 100's winning streak to 12, a run last seen in the early 1980s.
Since the country's vote to leave the European Union on June 23, the resource stock heavy benchmark has risen more than 14% in local currency terms, compared to a 10.56% gain for the Dow Jones Industrial Average over the same period.
However, owing to a steep decline in the pound, which has fallen more than 13 on a so-called trade-weighted basis against the currencies of Britain's largest trading partners and 19.27% against the U.S. dollar, overseas investors are still holding on to negative gains when the returns are converted into domestic currency.