Big Money Forums  

Go Back   Big Money Forums > Big Money Investing - Markets, Real Estate and Trading > Stock Markets and Trading > General Stock Trading Discussion
Register FAQ Calendar Radio Search Today's Posts Mark Forums Read

Reply
Submit Tools Thread Tools Search this Thread Display Modes
  #1  
Unread 04-07-2010, 07:48 AM
gnutrade.satya gnutrade.satya is offline
Member
 
Join Date: Jan 2010
Posts: 184
Rep Power: 15
gnutrade.satya is on a distinguished road
Cool Ftse closed up higher as commodities were strong

Britain's top index the Ftse closed up higher as commodities were strong when encouraging US data raised demand expectations. While the other markets like the Dax and the Cac rose as there were gains in US where the sentiment was boosted by a stronger labor market.
Angus Campbell, head of sales at Capital Spreads said: "The UK market is making up for lost time over the Easter weekend and when the U.S. market leads, the UK plays catch up." David Jones, chief market strategist at IG Index said: "It wouldn't be an overstatement to say this was roundly ignored by the stock market -- with so many FTSE 100 companies deriving a significant chunk of income from outside the UK, the comings and goings as to who is leading the country do not seem to be a major concern at the moment."
The Ftse, the Germany's DAX and France's CAC were up between 0.2 to 0.7 percent.
Reply With Quote
Reply


Currently Active Users Viewing This Thread: 1 (0 members and 1 guests)
 
Thread Tools Search this Thread
Search this Thread:

Advanced Search
Display Modes

Posting Rules
You may not post new threads
You may not post replies
You may not post attachments
You may not edit your posts

vB code is On
Smilies are On
[IMG] code is On
HTML code is Off
Google
Forum Jump


All times are GMT -5. The time now is 12:58 AM.

Powered by vBulletin® Version 3.6.7
Copyright ©2000 - 2024, Jelsoft Enterprises Ltd.