London Stock Exchange weakly higher Thursday

The market showed a small gain Thursday, and UK 100 (CBOE) ended the day at 806 points, which is an increase of 0.5 percent. The index has thereby closed up six out of the past seven days. The index is with that up 4.1 percent after the buy signal from the rectangle formation two months ago.

596 shares showed a gain and 1210 showed a loss. 130 shares were unchanged and closed at the same price as the previous day. There was no trading in 193 shares.

Total value of the trading volume for shares and primary capital certificates Thursday was approximately 764.6 billion.

AstraZeneca rose sharply to close at 11968 pence, up 5.4 percent. The previous time the stock gained this much was Feb 15. 2022, when it closed up 5.8 percent. The stock has now risen for the fourth day in a row. The stock is trend wise negative in the medium term.
Unilever PLC closed at 4022 pence after a solid gain of 4.1 percent. The previous time the stock gained this much was May 31. 2022, when it closed up 6.8 percent. It also looks good technically. The stock is assessed as technically slightly positive for the medium long term.
Anglo American PLC closed at 2560 pence after posting a gain of 17.2 percent. The stock has never gained more in one day since Mar 24. 2020, when it was up 20.9 percent. It was also high volume. Overall it was traded for 43579 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 negative in the medium term, but has support at 2280 pence.
Hipgnosis Songs Fund Limited moved up and ended at 103 pence, which is an increase of 1.2 percent. The stock thereby reached a new top for the year. This past month the stock has gained as much as 67.7 percent. It also looks good technically. The stock is trend wise negative in the medium term, but has support at 89.00 pence.
Barclays PLC closed up 1.8 percent to 196 pence. The stock has not closed at a higher price since Feb 2022. The stock has now closed up for the fourth day in a row. It also looks good technically. The stock is trend wise positive in the medium term, has support at 190 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