FTSE continues its bounce back
The FTSE 100 put on another 2% in morning trading on Wednesday following yesterday’s 2.6% climb.
The FTSE 100 put on another 2% in morning trading on Wednesday following yesterday’s 2.6% climb.
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The FTSE 100 index could fall by as much as 10% and the FTSE 250 index and commercial real estate sector might be braced for an even bigger slump post-Brexit, said Caroline Simmons of UBS Wealth Management (UBSWM).
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UBS Wealth Management has warned that significant parts of the FTSE 250 index would be likely to underperform in the aftermath of a British exit from the European Union.
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Large-cap defensive stocks could be in for a fall in what is expected to be a volatile summer for markets, say industry experts.
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UK Q1 2015 dividend pay-outs were cut in half year-on-year, the Capita Dividend Monitor has revealed, alongside revising up its full-year projection.
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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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