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Rise and dip today with 7500 7525 7566 resistance | 7445 7428 support

#1 · 24th November 2023, 10:02 am

Technical analysis for FTSE 100 for 24th November 2023

The FTSE 100 rose 0.19pc Thursday to 7,483.58, with quality assurance firm Intertek (up 3.42pc) and engineering company Weir Group (up 1.81pc) leading the rises. Vodafone had the biggest decline (down 5.41pc). The FTSE 250 closed with almost no change at 18,480.83, up 0.0036pc.

Shares in Asia were mixed while Treasuries fell after declines in European bonds, eroding a November rally in US debt. Oil extended losses. Hong Kong and mainland Chinese equities dropped, reversing Thursday’s rally inspired by Beijing’s widening property rescue campaign. Japanese stocks rose in catch-up play after a national holiday, while those in Australia also gained. US futures contracts were steady.

Asian shares were dragged lower by losses in China on Friday and in the absence of guidance from Wall Street, which was closed for the Thanksgiving holiday, while the dollar stayed on the back foot and Treasury yields climbed a touch.