FTSE 100 set to end the week below its 5-day, 10-day, 20-day and 100-day SMAs

  • Jan 10, 2020 GMT
  • Team Kalkine
  • The broader index of the UK, which gauges movement in the top-100 large-cap stocks of the UK is all set to extended losses of the previous week in the second week of January 2020. As at the time of writing (as on January 10, 2020, at 03:10 PM GMT), the index traded approximately 0.37% lower against the previous week traded level at 7,595.18. Also, at the current level, the index traded below its 5-day, 10-day, 20-day, and 100-day simple moving averages, however, it managed to trade above its 50-day and 200-day 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.

To know more about these dividend stocks, click here

We use cookies to ensure that we give you the best experience on our website. If you continue to use this site we will assume that you are happy with it. OK