Monday, August 24, 2009

UK Stock Market At Highest Level Since Early Oct.

There's still a few hours of trading left, but UK's benchmark stock market index, the FTSE 100 Index, is at a fresh 10-month high today of about 4875, the highest level since early October 2008 (see chart above).
Originally posted at Carpe Diem.


At 8/24/2009 9:00 AM, Blogger juandos said...

Could this be that, 'dead cat bounce' that Nouriel Roubini keeps talking about or is it something more substantial?

At 8/26/2009 2:20 PM, Anonymous stock market trader said...

this recovery can go sour if in 30+ days UK report GDP and if it's still negative FTSE100 will nose dive... so keep an eye on it.


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