Friday, 20 March 2015

FTSE 100 Close Price 20th March 2015

Well things went incredibly well for the FTSE Market today with the FTSE 100 finishing over 7000. We have been expecting this for some time now and it is nice to see it eventually happen. The UK economy certainly is on the road to recovery. The exact FTSE 100 close price was 7022.51 which is still not the highest recently but it is not too far off. I am guessing the positive news from the UK budget helped drive the footsie upwards at the end of the week. One does wonder will it continue to climb or have a small retrace at the start of next week. All in all it was a 0.8% percent gain from the day's opening stock price. The surge can also be attributed to rising gold and silver prices as well as good news for some oil mining stocks.

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