Friday, 30 January 2015

FTSE Overview as on Friday, January 30 2015 and future Predictions


UK stocks closes negative after market digested global economic data and political developments in Greece. FOMC also said on Wednesday evening that they would remain “patient” about the timing of the first interest rate hike. The FTSE 100 close at 6811, down 0.2% on the day with energy sector providing a drag after oil major Royal Dutch shell published quarterly result below expectations. There is strong resistance at 6870 level and during the day if market is breaching the level of 6870 on upside, then it can test the level of 6960 with the support of 6800.

TOP GAINER
Name
Close Price
Change %
Diageo
2022.50
3.08
Marks & Spencer
487.80
2.14
Imperial Tobacco
3160
2.03
Unilever
2952
1.90
Reckitt Benck Grp
5720
1.78

TOP LOSER

Name
Close Price
Change %
Enterprise Inns
104.70
3.59
Antofagasta
655
2.75
Johnson Matthey Plc
3297
2.60
Carnival
3000
2.22
BG Group
880.90
1.88