UK markets finished the week on a very positive note picking up on the bullishness in the US after the Fed’s interest rate announcement.
The FTSE 100 remains the most bullish of the UK markets rallying another 1% today and up over 1.6% on the week. The FTSE 250 rallied 0.8% today and is up 0.7% on the week while the AIM All-Shae gained just 0.3% and is down 3.2% on the week .
Crude rallied today and is up 1.3% at pixel and above the $63 level while gold continues its move north up another 0.8% having gained over 4% on the week. This has lifted many of the precious metal miners which have had a good week. Copper was flat on the day while silver rallied over 1%
Market sentiment reflects the bullish sentiment as the VIX scores headed even lower with the US VIX at 16 , UK at 11 and European below 15. The Fear score still remains on fear at 33
FTSE 100 ( 1.0% 84 Rising , 14 Falling, 2 Unch.)
TOP GAINS: SKG +4%, BATS +3.4%, TUI +3.4%
TOP LOSSES: MKS -1.3, NXT -1.0, OCDO -0.8
FTSE 250 (+0.8 %: 187 Rising , 52 Falling, 11 Unch.)
TOP GAINS: MLC +35%, KIE +7%, GAW +5%
TOP LOSSES: TED -5%, AMGO -4.3%, MTRO -4.2%
A takeover bid for MLC saw the price leap 35% today
AIM All Share (+0.3% 209 Rising , 176 Falling, 394 Unch.)
TOP GAINS: TSL +70%, EVRH +46%, 7DIG +25%
TOP LOSSES: SUN -29%, 8PG 25%, SOM-23%