U.K’s FTSE 100 index had its biggest gain in three months (i.e from March 15th till June 14th). The benchmark gained by 1.4%. The Key reason for increase in the index was because the investors concern to raise the interest rates has eased. This one-day gain of FTSE 100 is the biggest since March 15th of this year.
And apart from this the world’s third biggest mining company Rio Tingto Group and BHP Billiton Ltd shares have gone up as the copper prices and crude oil prices have increased. Rio Tinto added 3.2 percent. BHP Billiton shares had increased to 2.4 percent. The Crude oil increased to above $67 a barrel in
Apart from this the U.K FTSE Bids for world domination
The Index company FTSE is embarking on a global advertising campaign in a bid to promote the brand as the ‘definitive benchmark’. The firm is gonna use a new strap line.
FTSE… Its how the world says Index.
i.e Spread the word that FTSE stands for a great deal –The company’s best know product. This strapline is gonna attract lots of customers.
In my opinion the U.K’s FTSE will go ahead to the peak in the Stock market and moreover it is now launching a new strapline to increase its value. I hope this effort of the index company will work out in a very positive manner.
So why not wish FTSE index…All the Best
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