Monday, 13 October 2014

London stock market overview


LSE Overview
 
The London stock market moved closer to year-lows on Friday as crude and metal prices fell amid fears of a renewed global economic downturn.The FTSE 100 Index closed 91.88 points down at 6339.97, slightly above its 2014 low of 6,328, as traders reflected on a week of negative European economic data.The FTSE initially tried to rally during the course of the week, but found the 6600 level be far too resistive and therefore fell all the way through the 6400 level. With that being the case, it appears that this market is ready continue to go much lower, as the FTSE and at most European indices in general look broken at this point. For upcoming session it can move down till 6000 level, and we are most certainly bearish at this point in time.


TOP GAINER
Name
Close Price
Change %
Astrazenca
4300
2.14
Rsa Insur Grp
465
0.43
Bae Systems
444.7
0.41
Brits land Co Reit
680
0.29
Bt Group
369.5
0.14

 
TOP LOSER

Name
Close Price
Change %
Man Group
114.1
-4.44
Antofagasta
661.5
-3.57
Morrison Suppermkts
154.4
-3.33
Bhp Billiton
1613.5
-k3.12
Bhp Billiton
293.4
-2.98