Monday, 3 November 2014

London stock exchange Overview


 
UK stock market overview
London Stock exchange
Banking stocks helped the FTSE to a positive finish on Friday after the Bank of England (BoE) unveiled softer-than-expected requirements for banks' leverage ratios and also thanks in part to an unexpected boost to stimulus from the Bank of Japan announced overnight.


The top tier closed the day 82.92 points higher, for a rise of 137.15.On charts Index is looking further strong as RSI is trading above 50 level with positive bias. Index is showing buying from bottom and has sustain above the 6400 level and  closed above 6500 level which is confirming the strength in the Index.For upcoming week it can test the level of 6800 with the support of 6300.


TOP GAINER
Name
Close Price
Change %
Barclays
240.8
8.2
Royal Bk Scotl Gr
388
6.21
Hays
123.3
4.76
Schroders nvtg
1923
4.34
Schroders
2411
3.43


TOP LOSER

Name
Close Price
Change %
Morrison Suppermkts
154.8
-0.51
Standard Charterd
939.6
-0.42
Tate & Lyle
606
-0.41
Sainsbury
245.5
-0.41
Capita
1097
-0.36