Mid-cap benchmark FTSE 250 index slump 105 points on December 30, 2019 

  • Dec 30, 2019 GMT
  • Team Kalkine
  • After five consecutive days of rise, the mid-cap benchmark FTSE 250 index halted its rally in the December 30, trading session. As at the time of writing 03:10 PM GMT, the index slumped approximately 105 points or 0.47% to 21,953.45.
  • Today’s slump has sent the index below its immediate support-levels of 5-day, 10-day and 20-day SMAs, however, it managed to trade above 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. 

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