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. 

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.

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