FTSE 100 hits new high as markets reopen after Christmas

The FTSE 100 has climbed to a fresh record high as UK markets reopened after the Christmas break.London's leading share index rose to 7632.7 during Wednesday trading, advancing from all-time highs achieved last week to extend the market's so-called "Santa rally".The rally was supported by an upturn in copper and other commodity prices, which helped to lift global mining giants including Fresnillo, Antofagasta and Glencore.