Focus UK: Still an octave for framing

This week we have witnessed a continued positive trend in the UK market, with the FTSE 100, which is back above 5100 points for the first since September 11 last year, or the day of the attack the World Trade Center. The goodness of the rise is witnessed by the sector rotation that we saw, with phones that have given the scepter of the “best performer” in financial, media and technology. Among the titles that have risen more, are reported Invensys (+22.73%), BSkyB (+15.20%) and EMI Group (+13.67%), downward, however, have highlighted British Telecom (-9.89%) , Reckitt Benckiser (-7.15%) and Smith & Nephew (-6.23%). Worthy of note also the story of Railtrack, the company that manages the rail disaster in England. The title has been frozen all week, after the company was placed in receivership and entrusted to auditors Ernst & Young. At this point, it is extremely unlikely that shareholders Railtrack recover, in whole or in part, what they have invested in the company.

Tags: British, company, financial, invest, market, report, trend, world

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Tags: British, company, financial, invest, market, report, trend, world

This entry was posted on December 19th, 2009 and is filed under finance. You can follow any responses to this entry through the RSS 2.0 feed. Both comments and pings are currently closed.