FTSE 100 moving higher again
Despite missing out on a record 12 consecutive daily rises, the FTSE 100 was today back in positive ground with an 84 point increase to 4632. Despite the fact that we appear to be experiencing very different indications regarding the economy on a daily basis it seems as though investors are looking further ahead and see more blue sky in the future. But how far can the market rise without more positive news?
As we mentioned in one of the earlier post, while the current rise in the FTSE 100 has been welcomed across the board and attracted the attention of many investors, it has been on relatively thin volumes. The summertime is historically a period of the year when many investors and many analysts will be on holiday and as such trading volumes can be relatively low. However, there is no doubt that some investors believe the UK stock market and the UK economy have turned the corner although it has to be said that this confidence is still fairly fragile.
It would not take an awful lot of bad news to stop many investors in their tracks and with the likelihood of a general election in 2010 there is much for investors to ponder in the short to medium term. If you are looking to invest into the stock market it is imperative that you take professional financial advice.
Share this..
Related stories
How did the MP's expenses system evolve?
Now that Michael Martin, the Speaker of the House of Commons, has agreed to leave his position in June many people are now wondering exactly how the MP's expenses system, which came into being before Michael Martin was appointed the Speaker, has managed to become so corrupt. The truth is that if the Labour government had not passed the Freedom of information act the likelihood is that the expenses...
Read MoreWhy are so many flotations being pulled?
Over the last few days we have seen a number of high-profile flotations postponed or cancelled due to market conditions. So what is going on in the UK marketplace? Only a few weeks ago there seem to be increasing demand for quality new issues in the UK but the last few days, with the Eurozone problem growing by the day, have seen investors step back from new issues resulting in a number of canc...
Read MoreUK savers concerned about future outlook
David Cameron the leader of the Tory party has been very vocal over the last few days in his belief that UK savers should be protected from falling interest rates and falling income streams. He believes the government should bring in tax relief on interest earned so that savers are able to maintain a steady income to avoid financial hardship.
This is the latest in a number of potent...
One in ten pensioners have been targeted by fraudsters
11/02/2015 One in ten pensioners in the UK have been the victim of financial scams during their retirement, research from MetLife shows. Insurance company Metlife found from a nationwide study that 9% of retirees have been targeted by financial fraudsters or have fallen victim to financial scams since they stopped work. Those in certain parts of the country are more likely to be targeted to...
Read MoreCould swine flu cost the UK economy £50 billion?
When a renowned figure such as the Ernst & Young ITEM club makes a prediction that the swine flu pandemic in the UK could cost the country around £50 billion it certainly is time to sit up and listen. As we have covered on a number of occasions, not only is there a potential loss of life, with the UK government expecting a maximum 65,000 fatalities from the pandemic, but the loss of business and...
Read More