Mid-Cap Index FTSE 250 accelerated as on December 13, 2019

  • Dec 14, 2019 GMT
  • Team Kalkine
The FTSE 250 index which gauges movement in the UK’s mid-cap stocks, increased in the December 13, 2019 trading session and closed 714.76 points or 3.44% higher to 21,507.79 and registered an intraday high of 21,910.75 and a low of 20,792.90. However, the index still managed to trade marginally above its immediate support levels of 5-day, 10-day and 100-day simple moving average prices, also it traded well above its long-term support level of 200-day simple moving average.

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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