UK's broader Index traded above 5-day, 10-day, 50-day and 200-day SMA as on Friday, 22 November 2019

  • Nov 22, 2019 GMT
  • Team Kalkine

In the November 22 (Friday) trading session, the benchmark FTSE 100 index traded well above the short-term and long-term support level of   5-day, 10-day, 50-day and 200-day simple moving average prices.

The Index registered the biggest intraday gain of 1.4% in the past one month and traded 100 points higher at 7,339.40.

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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