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 UK's top share index rises. Show all posts
Showing posts with label UK's top share index rises. Show all posts

UK's top share index rises

Britain's leading shares ended 1.1 percent higher on Wednesday as strength in banks and heavyweight commodities countered a downbeat UK budget and falls by pharma stocks after results from GlaxoSmithkline. At the close, the FTSE 100 was up 43.20 points at 4,030.66 points after a volatile afternoon. It ended near the session peak following a wobble after the budget statement.

Thursday, April 23, 2009

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