New record on London Stock Exchange!

The market moved up Tuesday, and UK 100 (CBOE) ended at 803 points, which is an increase of 0.2 percent. The index thereby broke the previous record from Feb 2023 and set a new all time high. The index has now closed up for the fifth day in a row and this past week the index has gained as much as 2.9 percent.

1145 shares showed a gain and 606 showed a loss. 164 shares were unchanged and closed at the same price as the previous day. There was no trading in 212 shares.

Total value of the trading volume for shares and primary capital certificates Tuesday was approximately 653.5 billion.

Haleon plc moved up and ended at 334 pence, which is an increase of 0.8 percent. We must go back to Jan 15 to find a higher close for the stock. The stock triggered a buy signal by the break up through the resistance at 331 pence in rectangle formation. A further increase to 357 pence within one year is indicated.
Imperial Brands Plc developed positively, and gained 1.2 percent to a close of 1811 pence. The stock has now closed up for the fourth day in a row and this past week the stock has gained as much as 5.5 percent. The stock broke up through the resistance at 1790 pence in rectangle formation. This triggered a buy signal and a further increase to 1866 pence within two months is indicated.
Associated British Foods PLC was up 9.0 percent to close at 2731 pence. We must go back to Jun 2018 to find a higher close for the stock. The stock has now closed up for the fourth day in a row. It was also high volume. Overall it was traded for 6265 millions pence in the stock, which is four times as much as normal daily turnover. It also looks good technically. The stock is trend wise positive in the medium term, has support at 2100 pence and a further increase is indicated.
WPP Plc. gained 0.9 percent to 797 pence. The stock thereby broke the earlier top it set Jan 30 and reached a new year-high. The stock has now risen for the fifth day in a row and this past month the stock has gained as much as 13.4 percent. The stock is trend wise negative in the medium term.
International Distributions Services Plc closed at 280 pence after a small gain of 1.4 percent. This past week the stock has gained as much as 29.9 percent. Technically it also looks good. The stock is trend wise positive in the medium term, has support at 270 pence and a further increase is indicated.
 


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.


Investtech guarantees neither the entirety nor accuracy of the analyses. Any consequent exposure related to the advice / signals which emerge in the analyses is completely and entirely at the investors own expense and risk. Investtech is not responsible for any loss, either directly or indirectly, which arises as a result of the use of Investtechs analyses. Details of any arising conflicts of interest will always appear in the investment recommendations. Further information about Investtechs analyses can be found here disclaimer. The content provided by Investtech.com is NOT SEC or FSA regulated and is therefore not intended for US or UK consumers.

Titlex

OK
+

Cookie consent

We use cookies to give you a better user experience. If you continue to use the website, you accept this. For further details click here.

Our use of cookies

When you use our website, we store a cookie on your device. The cookie is used to recognize your device so that your settings work when you use our websites. The information that is stored is completely anonymised. Cookies are automatically deleted after a certain time.

Necessary cookies

Investtech uses cookies to ensure basic functions such as page navigation and language selection. Without such cookies, the website does not function as it should. You cannot therefore make a reservation against these. If you still want to disable such cookies you can do so in your browser settings. In the Cookies section add this website to the list of sites which are not allowed to save cookies on your device.

Cookies from Google

We use services from Google Analytics and Google AdWords. These register cookies on your device when you visit our website. Google registers your IP address in order to keep statistics on user activity on the website. The IP address is anonymised, so that we have no opportunity to link the activities to a specific person. We use these statistics to be able to offer more interesting content on the website and to constantly improve ourselves. Google AdWords collects data so that our advertising on other websites gives better results. We cannot trace the data of individuals.

Allow cookies from Google