Home Business News Investors flock to miners and utility stocks

Investors flock to miners and utility stocks

by LLB Editor
30th Aug 19 10:02 am

Investors continue to focus like hawks on any news relating to the US/China trade war, hoping for a resolution, according to AJ Bell director Russ Mould.

Therefore comment from China’s Foreign Ministry that the two countries continue to engage in talks has given some optimism to markets, with the FTSE 100 up 0.4% to 7,210 and European stocks also moving forward.

“On the London market, miners and utility companies were in demand, and tech stock Micro Focus bounced back after yesterday’s profit warning.

“Next week could see more activity among equities as the summer holidays draw to a close and more people regain focus on the market.”

Leave a Commment

You may also like

CLOSE AD

Sign up to our daily news alerts

[ms-form id=1]