Stocks are a share of the ownership of a company. If the company does well, or even if everyone thinks the company is going to do well, the price of the stock goes up. In addition, many companies give a little dividend payment each year to the stockholders, which provides extra value.
Showing posts with label FTSE. Show all posts
Showing posts with label FTSE. Show all posts

FTSE gains led by commodity stocks, banks

A rally in commodity and financial stocks led Britains FTSE 100 to close 1.1 percent higher on Friday, as firmer oil prices and hopes of a recovery in the US banking sector steadied investors nerves. The blue chip index ended 41.62 points higher at 3,753.68, finishing the week up 6.3 percent, although it is still down over 15 percent this year.

Saturday, March 14, 2009

FTSE ends three-day winning run

Britains leading share index ended 0.6 percent lower on Wednesday, ending a three day winning streak, as weakness in banks and British American Tobacco offset a rise in miners. The FTSE 100 closed 21.42 points lower at 3,693.81, after a 4.9 percent rally on Tuesday. Banks were the heaviest losers on the index, retreating from sharp gains in the previous session, as uncertainty about their future resurfaced.

Thursday, March 12, 2009

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