Friday, 22 August 2014

FTSE opened flat; lost 0.43% in the week



US Federal Reserve Chair Janet Yellen's 2-day meeting with the central bankers in Jackson Hole is holding up share trading volumes in United Kingdom. Benchmark index FTSE traded flat on Friday awaiting the final verdict from Fed which will affect investors' sentiment towards the market. 
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FTSE 100 Index closed at 6,756.71 falling 0.31 percent on Friday after opening flat at 6,777.66 level. On a weekly analysis FTSE lowered 0.43 percent from 18 August 2014 to 22 August 2014.

Top gaining stocks in the UK market highlighted Ashtead Group PLC surging with more than 0.74 percent, Vodafone Group PLC expanding at 0.62 percent, Tesco PLC climbing at 0.59 percent, HSBC Holdings PLC adding 0.51 percent, and Lloyds Banking Group PLC growing at 0.29 percent.

Petrofac Ltd lost 1.87 percent, Kingfisher PLC  fell 1.40 percent, BHP Billiton PLC dropped 1.32 percent, easyJet PLC and Smith & Nephew PLC shed 1.13 percent ending the lowest in the trade today.

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