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 Sterling jumps versus dollar. Show all posts
Showing posts with label Sterling jumps versus dollar. Show all posts

Sterling jumps versus dollar

Sterling jumped over 1-1/2 percent to a one-week high against the dollar on Thursday, boosted by a broad rally in equities and by data showing the first rise in UK house prices since late 2007. Optimism that Group of 20 leaders would agree on co-ordinated measures to tackle the global economic downturn at a summit in London lifted stock markets across the globe, with UK shares soaring by 3.2 percent.

Friday, April 3, 2009

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