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Wednesday 17 September 2014

Weak risk appetite ahead of the Federal Reserve


Weak risk appetite ahead of the Federal Reserve meeting prompted the FTSE 100 to drop into the red on Tuesday.After a turbulent performance, the FTSE 100 ultimately closed down 11.97 points at 6,792.24.Index is showing negative bias from last few trading session and closing with loss.For upcoming session it can show further profit booking as the major trend is long but for short time further correction is expected , breaching of 6780 level it can test the level of 6700 .The level is having enough support and buying can be made at this level for the target of 6850.50.

TOP GAINER
Name
Close Price
Change %
William Hill
348
1.99
Pearson
1226
1.66
Royal Bk Scotl Gr
351.3
1.33
Bp
472.35
0.86
Sse
1496.5
0.74

TOP LOSER

Name
Close Price
Change %
Sports Direct International
664
-3.77
St James's Place
678
-2.38
Sabmiller
3661
-2.11
CRH
1419
-2.07
Tullow Oil
686.5
-2

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