Well we all sighed with relief last night when we heard that the Dow Jones closed up nearly 4% or 429.92 points.
Is this the end of the rout we wondered…
The FTSE 100 gave us false hope this morning when it opened significantly up. Before 10am it had lots most of these gains and then regained the gains again (are you keeping up!)
But then it was back to “normal” as the FTSE100 steadily lost value for the rest of the day, closing down 157.76 (over 3%) at 5007.16
At the time of writing the Dow Jones is down 3.64% (or 408.84 points) at 10830.93
Top 10 FTSE losers include Essar Energy, Bwin.party Digital Entertainment (BPTY) – down 9.68% at 101.70p, Barclays (ex-div) Green King (ex-div) and JD Sports Fashion. Good job I didn’t buy into BPTY on my first day as the Amateur Investor. On no, wait, I did!
While on the up side, Micro Focus International finished up 13.16% at 283.70 and Standard Life posted a 10 point gain to close at 184.10p
For the first time since 1st August, I didn’t trade today.