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31 Dec 2014
FTSE poised to end 2014 in green
FXStreet (Mumbai) - The London’s FTSE index recovered losses from its opening session, snapping three consecutive days of declines amid thin trading ahead of year-end holidays and shortened European trading session.
The FTSE index currently trades 0.31% higher at 6567.30, compared to the previous session’s close at 6547. The index breadth is positive with an advance-decline ratio of 71:27.
Among the major gainers, shares in Hargreaves Lansdown PLC, Taylor Wimpey PLC, SABMiller PLC and CRH PLC are up 1.5% to 1.9%. TUI AG is the top loser on the index, losing -1.74%. Tullow Oil PLC and Centrica PLC are down 0.94% and 0.79% respectively.
FTSE Technical Levels
The immediate support is seen at 6523, followed by another support at 6490 levels. On the other hand, resistance is seen at 6620 and 6655.30 levels.
The FTSE index currently trades 0.31% higher at 6567.30, compared to the previous session’s close at 6547. The index breadth is positive with an advance-decline ratio of 71:27.
Among the major gainers, shares in Hargreaves Lansdown PLC, Taylor Wimpey PLC, SABMiller PLC and CRH PLC are up 1.5% to 1.9%. TUI AG is the top loser on the index, losing -1.74%. Tullow Oil PLC and Centrica PLC are down 0.94% and 0.79% respectively.
FTSE Technical Levels
The immediate support is seen at 6523, followed by another support at 6490 levels. On the other hand, resistance is seen at 6620 and 6655.30 levels.