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Topic Summary

Posted by: lomLoabe
« on: December 02, 2023, 10:18:07 AM »

The London Stock Exchange closed positive on Friday (Dec. 8) at its highest level in seven weeks, with a rebound in crude oil prices supporting oil stocks.

The FTSE 100 London Stock Exchange Index closed at 7,554.47 points, an increase of 40.75 points or +0.54% and rose for the second week in a row.

Energy stocks rose 1.6% after Saudi Arabia and Russia called on OPEC+ members to join in cutting production. which drives up the price of crude oil

Investors will focus on central bank meetings next week. Investors wait for the decision to set interest rates by the US Federal Reserve (Fed), the Bank of England (BoE) and the European Central Bank (ECB).

For the movement of individual stocks Sainsbury's shares rose 1.6% after Goldman Sachs increased its investment recommendation on this stock to "buy" from "maintain investment weight."

But Anglo American shares fell 19%, going against the market, hitting a three-year low and being the stock in the FTSE 100 index that fell the most. After revealing that The company aims to reduce capital spending by $1.8 billion by 2026 and will cut production at its South African subsidiary, Kumba Ion Or. This is because iron ore stocks surged after rail transport problems intensified.

Shares of Imperial Brands, a cigarette and cigar maker, fell nearly 2% after RBC cut its investment recommendation.
Posted by: Rask
« on: November 15, 2023, 12:30:36 PM »

This looks cool
Posted by: Froreilk
« on: November 02, 2023, 02:28:47 PM »

Forex Mega-LLC V5.02 EA MT4 Unlimited Version





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