- UK’s mid-cap benchmark index the FTSE 250 is set to end lower for the third consecutive day, as it traded 10.0 points or 0.09% lower at 21,653.08, at the time of writing at 03:40 PM GMT. However, it still traded above the crucial short-term and long-term support levels of 50-day and 200-day simple moving averages (SMAs) but traded below its immediate support level of 5-day and 10-day SMAs.
- However, 14-day and 9-day Relative Strength Index (RSI) of the benchmark stood at 56 and 54, reflecting a neutral stance.
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.