Thursday, 13 November 2014

U.K. Stock Market News, Stocks Technical Analysis and Predictions


London Stocks Update
 
U.K. Stock Market Last Session 
News of a big fine in the banking sector and gloomy comments from the Bank of England (BoE) weighed on UK equities on Wednesday, with London's stock market finishing lower for the first time in six sessions. 
A weak start on Wall Street was also pressuring stocks as the benchmark S&P 500 and Dow Jones indices pulled back from record highs. 
The UK's FTSE 100 closed down 0.25 at 6,611. A five-day winning streak had sent the index to 6,627.4 by the end of trade on Tuesday, its highest finish since 29 September. 

Next Session Predictions
For upcoming session if index manages to consolidate above 6600 level crossing of 6650 level it can show upside movement till 6900 with the support of 6400.

TOP GAINER
Name
Close Price
Change %
Anglo American
1364.5
1.68
Vodafone Group
221.99
1.35
Antofagasta
720.5
1.26
Tate & Lyle
636.5
1.19
Rio Tinto
3021
1.17


TOP LOSER

Name
Close Price
Change %
Capita
1048
-6.51
Sse
1536
-2.74
Barclays
229.5
-2.17
Centrica
297
-1.88
Tesco Plc
191.45
-1.8