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UK FTSE support & resistance forecast

UK Stock Market FTSE very close to important support
Patel (5/26/2008 5:10:59 PM)

UK Stock Exchange FTSE very close to important support 6087.

This is a very important support, once market (FTSE)close below this level next support is 5831 and 5414 and up side resistance is 14392. Write now many indicator indicating market is oversold so it can jump from 5831 or 5414.

FTSE 100 CEO pay falls to lowest level in 5 years
(Sun, 18 Aug 2019 08:31:23 +0000)
Median pay for a FTSE 100 chief executive was £3.4m in the last financial year, down from £4m in the previous period, according to a Deloitte analysis of filings in the latest season of annual general meetings. Other companies had already moved to address investor discontent, such as Lloyds and Aviva, with Deloitte finding that the number of FTSE 100 companies receiving “low votes” of below 80 per cent in favour on pay fell by around a half from last year to 7 per cent. “Since the introduction of the 2014 reporting and voting regime, we have seen remuneration levels stabilise and a significant shift in the simplification of pay packages,” said Stephen Cahill, vice-chairman at Deloitte.
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A fault at the London Stock Exchange prevented blue-chip British companies from trading on Friday for over an hour, the longest such outage in 8 years. What was called a “technical software issue” kept FTSE 100 (UK:UKX)  and FTSE 250 (UK:MCX)  companies from opening until 9:40 a.m. local time. A glitch at the New York Stock Exchange impacted market pricing data on Monday, and on Tuesday, data providers showed incorrect closing prices after what Nasdaq said was a brokerage executing trades on the wrong day’s closing prices.
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