30 Jan 2015
FTSE declines 0.4%
FXStreet (Mumbai) - The London’s Ftse index declined today, despite which it looks set to post best monthly performance in more than a year.
Energy shares and Miners under pressure
The Ftse Oil and Gas index weakened 0.51% as Crude prices continue to hover near six year low. Meanwhile, the Ftse Indsutrial Metals and Mining Index declined 2.43%. Telecom index has weakened 1.84%, while the Bank index is down 0.62%.
Among stocks, Shares in Bunzl are down 2.69%, followed by a 2.18% fall in Sainsbury. On the other hand, Fresnillo and Randgold are up 4.00 and 2.68% respectively. Fresnillo share price rose after Deutsche Bank research note reissued “hold” rating on the stock.
FTSE Technical Levels
The index currently trades 0.43% lower at 6781.00 levels. The immediate support is seen at 6773.14 (Nov. 21 high), under which losses could be extended to 6750.22 levels. Meanwhile, resistance is seen at 6816.80 and 6866.80 levels.
Energy shares and Miners under pressure
The Ftse Oil and Gas index weakened 0.51% as Crude prices continue to hover near six year low. Meanwhile, the Ftse Indsutrial Metals and Mining Index declined 2.43%. Telecom index has weakened 1.84%, while the Bank index is down 0.62%.
Among stocks, Shares in Bunzl are down 2.69%, followed by a 2.18% fall in Sainsbury. On the other hand, Fresnillo and Randgold are up 4.00 and 2.68% respectively. Fresnillo share price rose after Deutsche Bank research note reissued “hold” rating on the stock.
FTSE Technical Levels
The index currently trades 0.43% lower at 6781.00 levels. The immediate support is seen at 6773.14 (Nov. 21 high), under which losses could be extended to 6750.22 levels. Meanwhile, resistance is seen at 6816.80 and 6866.80 levels.