The broader mid-cap index of the UK the FTSE 250 index traded well above its crucial short-term and long-term supports of the 10-day, 20-day, 30-day, 50-day and 200-day simple moving average prices, a positive technical measure. Also, the Moving Average Convergence Divergence is rising, with MACD line traded above the 9-day EMA line. The 14-day RSI was also supporting the prevailing 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.