23.07.08
Another storming bank performance sets the Footsie alight
22.07.08
Vodafone profit warning hits the Footsie early on
21.07.08
Buyers still around after early pause for breath
Blue Index News and Press Releases. Please visit this page often for regular updates regarding Blue Index as an organisation.
13th June – Good two way action in the recovery stocks After the carnage of the last two weeks, value investors have been seen picking up some more of the beaten down stocks today after yesterday’s big reversals in banks and housebuilders. US stocks closed on a weak note after an earlier big rally so there is a possibility of another fall in markets, but we have an intriguing picture at the moment.
There was some dramatic action in the crude oil markets yesterday as prices popped up to a new high close to $140 only to fall back and end slightly lower on the day. Whether or not this is a short term high for oil remains to be seen, but the volatility looks set to continue to affect equity markets.
Once again there was plenty of weekend news for traders to chew on across various market sectors, and after a strong rally in the Far East the FTSE 100 index has seen some buying today. There is still plenty of uncertainty around in terms of economic forecasts, and by mid-morning the index was up just 13 points.
After the carnage of the last two weeks, value investors have been seen picking up some more of the beaten down stocks today after yesterday’s big reversals in banks and housebuilders. US stocks closed on a weak note after an earlier big rally so there is a possibility of another fall in markets, but we have an intriguing picture at the moment.