FTSE 250, which gauges the movement in the medium-scale companies listed on the London Stock Exchange or more domestically exposed companies, traded up for the third straight day in a row and was up by 172.73 points or 0.80% to 21,846.14 at the time of writing at 02:45 PM.
Also, it traded above its 5-day, 10-day, 20-day, 50-day and 200-day simple moving averages (SMAs), which is typically perceived to be a favourable technical trend.
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.