Mining resurgence could drive FTSE
The FTSE 100 could be driven well beyond last weeks record high if a resurgence of the mining sector takes hold, said Brooks MacDonalds investment team director Jonathan Webster-Smith.
The FTSE 100 could be driven well beyond last weeks record high if a resurgence of the mining sector takes hold, said Brooks MacDonalds investment team director Jonathan Webster-Smith.
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The FTSE 100 index slid back this morning after closing at a record 6949 points yesterday.
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The FTSE 100 index briefly reached record territory this morning before being dragged back down to earth by poor numbers put out by HSBC.
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Equity markets have seen significant rallies today driven in large part by an apparent easing of one of the principal geopolitical risks weighing on asset prices.
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Goldman Sachs believes FTSE 250 stocks look inexpensive despite the building likelihood of a UK interest rate hike in late 2014 or early 2015.
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UK equities have so far this year failed to extend on the growth of 2013, and there is a growing feeling that this is likely to remain the case until earnings improve.
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The newest launches play on expectations of positive blue-chip index performance in the UK and Europe.
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UK retail investors are able to invest in a capital-at-risk plan linked to the FTSE 100 Index.
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How likely are investors to put their cash into companies listed on Britain’s iconic index?
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Amid celebrations of the 30th anniversary of the FTSE 100‚ and the real possibility of it reaching record highs this year‚ it’s small and mid caps that still hold sway in many investors’ affections.
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As the day dawned on 3 January, Britain’s leading share market index ushered in its 30th anniversary.
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