- The FTSE 250 index which gauges movement in the UK’s mid-cap stocks, declined on December 09, 2019 after three consecutive days of rally. At the time of writing (at 02:48 pm GMT), the FTSE 250 index traded 70 points or 0.33% lower at 20,863.14 and registered an intraday high of 20,935.88 and a low of 20,801.99.
- However, the index still managed to trade above its immediate support levels of 5-day, and 10-day simple moving average prices, also it traded well above its long-term support levels of 100-day and 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.
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.