Mid-cap gauge FTSE 250 up for the third consecutive days

  • Dec 23, 2019 GMT
  • Team Kalkine

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. 

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