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Bulls looking weak with 7400 vulnerable | 7340 7290 support | 7440 7478 7525 resistance

#1 · 6th September 2023, 9:19 am

Technical analysis for FTSE 100 for 6th September 2023

The FTSE 100 closed 0.20pc lower at 7,437.93. The FTSE 250 midcap index tumbled 0.18pc to 18,491.42. The FTSE 100 surged during early trading, with BP and Shell among the top risers amid rising oil prices.

APAC stocks traded mostly in the red following the subdued handover from Wall Street where sentiment was clouded by the higher yield environment. European equity futures are indicative of a lower open with Euro Stoxx 50 future -0.4% after the cash market closed down 0.3% yesterday.