FTSE 100 (UKX) Up $5.91 in Last 4 Hours, Fares the Worst Out of 8 major Global Equity Indices; 3 Day Up Streak Ended

FTSE 100 4 Hour Price Update

Updated July 01, 2020 11:13 PM GMT (07:13 PM EST)

FTSE 100 came into the current 4 hour candle up 0.1% (5.91) from the open of the previous 4 hours, marking the 2nd candle in a row it has gone up. Relative to other instruments in the 8 major global equity indices asset class, FTSE 100 ranked 3rd since the previous 4 hours in terms of percentage price change.

FTSE 100 Daily Price Recap

The end of a 3 day positive run has come for FTSE 100, which finished the previous day down 0.9% (56.03). On a relative basis, FTSE 100 was the worst performer out of all 8 of the assets in the 8 major global equity indices asset class today. The daily price chart of FTSE 100 below illustrates.

FTSE 100 Technical Analysis

Also of note is that on a 90 day basis price appears to be forming a base — which could the stage for it being a support/resistance level going forward. Or to view things another way, note that out of the past 30 days FTSE 100’s price has gone up 16 them.

Overheard on Twitter

Over on Twitter, here were the top tweets about FTSE 100:

  • From Tobeech:

    How much money do you need to have invested in dividend stocks to replace the median UK income of £29,600 (FYE 2019)? Using the current FTSE 100 dividend yield of 4.35%You need to have invested £680,460 to earn £29,600 without having to work. To earn £100,000 you need 2.3M

  • From HighPayCentre:

    The research also found that:The FTSE 100 median CEO/median employee ratio is 74: 1 and the median CEO/lower quartile employee is 109: 1. For the FTSE 350 median CEO/median employee ratio is 55:1 and the median CEO/lower quartile employee is 78: 1.

  • From truemagic68:

    At 8.40am – FTSE 100 – 6,201.54 −24.23 (-0.39%) – Cable under pressure $1.2260 concern over UK spending – IHG -1.5%, Redrow -6.75%, Smith Group +4.85%, Royal Dutch Shell (writes off $22 billion of assets in 2nd quarter) -1.81%

In terms of news links for FTSE 100 here’s one to try:

Businesswoman who sued FTSE 100 company after she was sacked LOSES sexism claim | Daily Mail Online

‘More importantly, we have not found that Mr Rossi’s complaints about the Claimant’s leadership style and not working collaboratively with the management team related to her not bonding with them over dinners because she did not drink or discuss football….Do you want to automatically post your MailOnline comments to your Facebook Timeline?…  Do you want to automatically post your MailOnline comments to your Facebook Timeline?