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Why has the FTSE 100 gone up over 200 points?
jerusalem2006
Posts: 13 Forumite
Just curious? The FTSE 100 has gone up 200 points since it crashed yesterday after the news of the non-bailout. I know there have been some record breaking falls and rises in the last few weeks but a 200 point rise is something significant in light of such recent apparently apocalyptic news 
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Might be wishful thinking but could it be that a lot of the dramatic media headlines about the waiting catastrophe might not happen (or might not be as bad and drawn out as they make out?). Why would the FTSE bounce when there is still no resolution the the US banking crisis?
?Might be wishful thinking but could it be that a lot of the dramatic media headlines about the waiting catastrophe might not happen (or might not be as bad and drawn out as they make out?). Why would the FTSE bounce when there is still no resolution the the US banking crisis?
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Its not considered a market crash until the index loses 10% in a days trading.Liquidity is when you look at your investment portfolio and **** your pants0
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I imagine a lot of sensible people are buying shares too, boosting the market a little.0
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The FTSE100 is up 26.09 at time of posting. Wish it was 200 points.
Europe had already factored in much of the suspicion it was going to fail or if passed it would be watered down and a mess that achieved nothing. Remember that this is just one option. There is also a lot of weight behind the option of letting the failing back fail and deal with them one at a time. That would be a slow method and drag the thing out but fears of a complete meltdown are the dreams of the scaremongers.I am an Independent Financial Adviser (IFA). The comments I make are just my opinion and are for discussion purposes only. They are not financial advice and you should not treat them as such. If you feel an area discussed may be relevant to you, then please seek advice from an Independent Financial Adviser local to you.0 -
In a word: 'manipulation'. Also the FTSE 'abhors a vacuum' - hence it has to skip straight from one 'magic number' to another with very little in-between. The FTSE is supposedly caclucated from the share prices of large companies. In practice the share prices of a few large companies are moved to predetermined 'parities' in order to 'set' a level for the FTSE......under construction.... COVID is a [discontinued] scam0
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Its actually only up about 30 pts.. on the day .... on the back of a massive fall yesterday.
what you might be looking at is the "after market" - whereby last night ( when London was closed - offically ) it fell by around 300 pts at one pt - and opened this morning much lower - but recovered ( as has the US after marketprices)
Could it be that UK govt has basically stated ( one way or another) that they will ensure bank deposits ( not the same saying banks are safe though)Any posts on here are for information and discussion purposes only and shouldn't be seen as (financial) advice.0
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