Monday 25 August 2014

Euro Zone London Stock Market updates


After a relatively quiet day, much of which was spent waiting for a speech from Fed Chair Janet Yellen, the FTSE 100 closed down 2.41 points at 6,775.25.The index suffered a sharp dip late morning, although this was largely recovered by early afternoon , breaking through the 6750 level by the time closed on Friday. The market looks like it's ready to continue going higher, probably challenging the 6900 level and crossing of it can then heads to 7000 in the short-term.RSI has manages to sustain above 50 level and looking further bullish and the index with this convergence of both the 50 DMA & 200 DMA , indicating strength in the index near support at 6600 level.

Top Gainers of the Day: Rentokokil Initial, Vodafone Group, Lloyd Banking Group, Reckitt Banck Grp, Tesco Plc 

Top Losers: Sse, Rolls-Royce Hldgs, Bhp Bhilliton, Rio Tinto, Anglo American 

No comments:

Post a Comment