In the December 23, trading session the broader index of the UK “FTSE 100” or Footsie registered four months high of 7,628.53, a level last seen in August 2019. At the time of writing at 02:45 PM GMT, the index traded 32.0 points or 0.42% higher at 7,612.95.
Also, the broader index traded well above its crucial short-term as well as long-term support levels of 50-day and 200-day simple moving averages (SMAs).
With Bank of England reducing the interest rates to a historic low level, the spotlight is back on diverse investment opportunities.
Amidst this, are you getting worried about these falling interest rates and wondering where to put your money?
Well! Team Kalkine has a solution for you. You still can earn a relatively stable income by putting money in the dividend-paying stocks.
We think it is the perfect time when you should start accumulating selective dividend stocks to beat the low-interest rates, while we provide a tailored offering in view of valuable stock opportunities and any dividend cut backs to be considered amid scenarios including a prolonged market meltdown.