LSE Overview |
The
London stock market moved closer to year-lows on Friday as crude and metal
prices fell amid fears of a renewed global economic downturn.The FTSE
100 Index closed 91.88 points down at 6339.97, slightly above its
2014 low of 6,328, as traders reflected on a week of negative
European economic data.The FTSE
initially
tried to rally during the course of the week, but found the 6600
level be far too resistive and therefore fell all the way through the
6400 level. With that being the case, it appears that this market is
ready continue to go much lower, as the FTSE and at most European
indices in general look broken at this point. For upcoming session it
can move down till 6000 level, and we are most certainly bearish at
this point in time.
TOP GAINER
Name
|
Close
Price
|
Change
%
|
Astrazenca
|
4300
|
2.14
|
Rsa
Insur Grp
|
465
|
0.43
|
Bae
Systems
|
444.7
|
0.41
|
Brits
land Co Reit
|
680
|
0.29
|
Bt
Group
|
369.5
|
0.14
|
TOP LOSER
Name
|
Close
Price
|
Change
%
|
Man
Group
|
114.1
|
-4.44
|
Antofagasta
|
661.5
|
-3.57
|
Morrison
Suppermkts
|
154.4
|
-3.33
|
Bhp
Billiton
|
1613.5
|
-k3.12
|
Bhp
Billiton
|
293.4
|
-2.98
|
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