Showing posts with label FTSE. Show all posts
Showing posts with label FTSE. Show all posts

Wednesday 13 August 2014

UK MARKET OVERVIEW : Wednesday, August 13 2014


 
 
UK market overview
 
UK stocks had practically clawed back all of their losses come the end of 
trading on Tuesday as investors continued to watch geopolitical 
developments across the globe.
 
 
The FTSE 100 was down just 0.01% at 6,632 by the close, having touched a 
low of 6,617.31 early on. 
 
 
Index has trading in narrow range of 6600 to 6650 for upcoming session 
if it is managing to give closing above 6600 level crossing of 6650 level 
it can test the level  of 6700,RSI has trading above the level of 50 and 
looking strong for buying. 
 
 
Index has managing to trade above 50 DMA and facing resistance from 
200 DMA crossing of it can show further upside movement.
 

Monday 11 August 2014

Market Overview, Monday, August 11 2014

FTSE 100


  • UK stocks had pared earlier losses by the close of trading although risk-averse traders remained on the sidelines in light of the heightened geopolitical tensions across the globe.
 
  • The FTSE 100, which closed Thursday at a four-month low of 6,597.37, 
    traded down by another 0.45% to 6,567.36 at the end of trading, after 
    bouncing back from an intra day low of 6,528.73.
     
    Through out the week index has showed selling pressure and closed 
    the week with the loss of 130 points.
     
    For upcoming session 6500 level will be act as good psychological 
    support if it manages to sustain above that short term recovery 
    is expected, breaching of it can show further downside movement.
     
     

Thursday 7 August 2014

UK Market, August 07 2014


  • Fears about a possible Russian invasion of Ukraine set off another wave of selling in UK equity markets on 
    Wednesday, with a string of disappointing data also weighing on sentiment. 
  • The FTSE 100 finished the session 0.69% lower at 6,636.16, having slipped to a low of 6,588.43 - 
    it has not fallen below 6,600 in intra-day trade since April 17th. The benchmark index is now at its 200-day 
    moving average. 
  • The FTSE 100 was up 0.07% higher at 6,682 by the close of trading after finishing Monday's session 
    at 6,677.52 - its lowest close since 10 July .
  • In upcoming session it can show short term recovery and can test the level at 6800 with the 
    support of 6550. 
     
     
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