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

Sterling rise versus dollar

Sterling rose against a broadly weaker dollar on Tuesday, helped by some brighter UK economic data, and boosted by month- and quarter-end capital flows, which hit the yen across the board. The pound recovered after falling one percent against the dollar the previous day as US auto and bank sector problems fanned risk aversion, which benefited the dollar.

Wednesday, April 1, 2009

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