Friday, 31 October 2014

London stock market analysis



UK stocks overview
 
London stock exchange closed slightly higher on Thursday, as a strong performance by Smith & Nephew was offset by losses amongst the mining sector. The FTSE fell during the course of the day on Thursday, but found the 6375 level as support and ended up with moderate gains at 9.68 points higher than on the previous day at 6,463.55 and now for upcoming session bullish trend is expected on the charts any pullback between here and there should be a buying opportunity on a short-term basis. If it  Crosses the resistance level 6500 it can show the level of 6600 & 6750 with the support of 6350.

 
TOP GAINER
Name
Close Price
Change %
Smith & Nephew
1054
3.54
Shire
4164
2.18
Carnival
2467
1.82
Intercont Hotels
2337
1.79
Capita
1101
1.76


TOP LOSER

Name
Close Price
Change %
Standard Chartered
943.6
-4.89
Anglo American
1320.5
-2.37
Hays
117.7
-2.24
Bt Group
367.9
-2.02
Antofagasta
690.5
-1.92