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 Oil and bank shares drag down FTSE. Show all posts
Showing posts with label Oil and bank shares drag down FTSE. Show all posts

Oil and bank shares drag down FTSE

Britains top share index ended down 0.1 percent on Wednesday, albeit well off session lows as Wall Street notched up some modest gains, with weakness in oil issues and banks offsetting a rally by selected miners. At the close, the FTSE 100 was 5.00 points lower at 3,925.52, after falling 1.6 percent on Tuesday, notching up a fourth straight session of losses.

Thursday, April 9, 2009

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