TITLE

FTSE100 steps up the pace

PUB. DATE
February 2005
SOURCE
Cabinet Maker;2/4/2005, Issue 5424, p6
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
This article presents the FTSE 100 Index since January 2003. The chart shows that following a 30 percent first-year gain, the Index slowed significantly in 2004, growing by about 7 percent. It is opined that record profits from the global oil grants and interest from venture capital companies in the retail sector, as witnessed by Apax's potential offer for Woolworths, may help offset this. What would upset many predictions is an unexpected rise in interest rates in Great Britain, although falling retail sales in January, allied with a slowdown in the housing market, should be enough to keep the Bank of England sitting on it hands.
ACCESSION #
16192497

 

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