Tuesday, 28 October 2014

UK stock market insights

United Kingdom stocks closed lower on Monday, with banks and mining stocks providing a drag in the aftermath of the results of the latest EU bank stress tests and alongside a weak reading on German business confidence. The FTSE closed down 24.92 points at 6,363.81 after falling early on. FTSE 100 opened on positive note and made an intraday high at 6443, later on it showed down side movement and made a low at 6336 but manage to close on moderate loss. For upcoming session it can trade in a range of 6450-6300 , if it sustain above 6300 level and crossing of 6450 level it can test the level 6600.


 




TOP GAINERS
Name
Close Price
Change %
Intercont Hotels
2268
2.3
Reed Elsevier Plc
993.5
1.58
Sabmiller
3398.5
1.22
Astrazeneca
240.4
0.92
Unilever
2431
0.91

 
TOP LOSERS

Name
Close Price
Change %
Smith Group
11118
-2.95
Antofagasta
678.5
-2.09
Barclays
221.35
-2.21
Rolls-royce Hldgs
777.5
-2.2
Lloyd Banking Group
75.34
-1.8