- The broader index of the UK, the FTSE 100 extended losses for the fourth consecutive day in a row and traded 138.59 points or 1.87% lower at 7,149.78 at 03:57 PM GMT. This was the highest one-day fall in the past one-month.
- Also, the broader index traded below its crucial short-term and long-term support levels of 5-day, 20-day, 50-day and 200-day simple moving average support levels.
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.