Investors still determined FTSE reaches six-month high

Financial markets Great Britain have been insensitive when George Osborne supplied details of the toughest Government spending cuts in recent decades.

Gilts, currencies and shares were all the flat as Chancellor spoke with traders say that with all leaks in advance it will ware some surprises.

"At a stage when he spoke it was as if the market has been closed," said David Jones of GI.

Investors also have unabashed and trade volumes is passed by 46pc in the run-up to the speech of Mr. Osborne.Darren Hepworth TD Waterhouse said: "Trading of stocks of resources has led to the wave counting for 52pc and top 10 68pc buys and sells respectively.

Thursday, the FTSE 100 had reached a maximum of six months to 5,774, thanks to strong gains by the miners and the banks.

Other winners this week included rail and bus operators who will be able to raise rates by 1pc more detail for four years - until more than 1pc détail.Diligence and approved two benefited.

Andy Brough, Schroders, Fund Manager said: "investors have been nerve to impact on outsourcing and infrastructure companies spending review given risk spending slip strike new spending capital and, in turn, gains.En fact reductions were not as bad as the market had expected, which should be good news for businesses in these regions."

Peter Lees, head of UK F & c Asset Management, actions said equity and bond markets and get little to excite or shock in the expenditure review.This was corroborated by FTSE 100 finished the speech from Mr. Osborne to much of the same level as everything began (although he did and then fall again in the middle), he said.

However, Mr. Lees pointed out a few areas of UK market prospects could be increased accordingly.

"Investment in transportation is largely protected and in some regions have increased, which will be positive for some stocks connected to the transport sector", he said. "In addition, if the Government expects to be able to recover billions fraudulently claimed benefits at the same time that cut the budget to the departments which are responsible for the benefits, it may be funding opportunities service as a degree of outsourcing companies will be inevitable.?

According to Mr. Lees, of most major surprises in speech by the Chancellor was acceleration in the increase in the age of retirement at 66, and now enters into force for the men and women by the year 2020.

He added that more than half of the proposed job cuts public sector could probably be explained by natural wastage during the four years, but could still serve up to 300 000 redundancies in public sector.

"The level of the national debt is always"horrible", according to Mr. Lees, but should be stabilized by 2016, as long as inflation does step cueillir.Cependant, inflation is the critical factor here, and it is important that we not lose sight,", he added.

Telegraph knowledge briefings offers readers a monthly newsletter providing a topical overview of how to manage your heritage in these times email difficiles.Pour subscribe to receive your session of knowledge, to attend a seminar or to obtain a free copy of our guide for the management of heritage, call 0800 953 5050 or visit www.telegraph.co.uk/wealth

View the original article here

You can leave a response, or trackback from your own site.

0 Response to "Investors still determined FTSE reaches six-month high"

Post a Comment

Powered by Blogger