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

Sterling jumps versus majors

Sterling jumped against major currencies on Friday, hitting a seven-week peak against the dollar after a higher-than-expected reading in services data. The CIPS/Markit services PMI activity index rose to 45.5 in March from 43.2, the highest reading since September and beating economists forecasts of 43.5.

Saturday, April 4, 2009

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