Wednesday, 21 January 2015

UK Stock Market Updates as on Wednesday, January 21 2015



Detailed analysis of stock market

Stocks ended the session with modest gains on the heels of better-than-expected growth figures in China.The FTSE 100 gained 34.57 points to finish the day at 6,629.The FTSE has broke higher during the course of the day on Monday, testing the 6600 level area. There is strong resistance at 6650 level crossing of it can show northward journey and can test the level of 6800 with the support of 6400.Any short term correction will be buying opportunity, as index is sustaining above the 60 RSI with positive bias.

TOP GAINER
Name
Close Price
Change %
Wolseley
3759
3.43
Royal Bk Scotl gR
380.5
3.12
Anglo American
1121.5
2.94
Kingfisher
336.5
2.68
Rolls-Royce Hldgs
882.5
1.5