Trades and observations from a British contrarian stock investor

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Tuesday, March 23, 2010

FTSE 100 closes at 21 month high

The FTSE 100 ended at a 21 month high of 5,673, up 29 points. The market was boosted by a strong update from Legal and General and that the inflation rate fell sharply to 3% last month giving reassurance that the Bank of England will keep interest rates at low levels for the foreseeable future. The DOW Jones Industrials are currently up 103, to 10,889 as the markets continued to react positively to Obama's Victory in the House of Representatives on healthcare reform.
Posted by Contrarian Investor UK at 8:26 PM
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