FTSE 100 and Dow

The FTSE 100 is recovering but it would only take a successful terrorist attack in the UK or USA to send both the FTSE 100 and the Dow into a downward spiral.

UPDATE 2045z: The FTSE 100 ended the day just marginally higher on the day.

FTSE 100 well up

At the moment the UK FTSE 100 share index is up well today. Currently it is 1.64% up on yesterday. A lot can happen still. The rally could just disappear or it could end even higher.

UPDATE 1408z:  It is currently up 1.88%.

UPDATE 1750z:  The FTSE 100 ended the day up by 1.99%.

FTSE 100 share index

The FTSE 100 share index fell earlier, but seems to be staging a recovery. It may even end the day slightly up. There is still over an hour of trading left and a few shocks could change that! At the moment (1634 BST) it is down about 0.3%.

See http://www.bbc.co.uk/news/business/markets/europe/lse_ukx .

UK FTSE 100 up again

After a dodgy start, the FTSE 100 share index is up yet again this lunchtime.A lot could still happen: it could go yet higher or collapse later.

See http://www.bbc.co.uk/news/business/markets/europe/lse_ukx  .

FTSE 100 up again

It looks like the UK FTSE 100 share index will finish above 6300 today. At the moment it is clawing back earlier losses, but nothing would surprise me. The market wants over 7000 by the year end, but it could fall apart and end the year end below 5000.

FTSE 100 well up currently

At the moment, the UK share index known as the FTSE 100 is over 2% higher on the day. A lot can happen in the remaining hours of trading, but it is doing its best to claw back losses of the last month or so. It is following European, US and Far Eastern markets that all showed gains.

UPDATE 1337z:   Currently up 2.25% on the day.

FTSE 100 up on the day

The UK stock index, the FTSE 100, ended 2.47% higher today. So far this year has fallen around 10% but, barring a real meltdown in China and a resurfacing of the Greek issue, I suspect it will regain some of the lost ground later in the year. Nothing is certain though. Basically, the UK economy is recovering after the crash and traders are "willing" it higher.

FTSE 100 well down

When I last looked (about 11.25am UK time) the FTSE 100 share index was down over 2% on the day at 5972.09. It would not surprise me if it goes lower still. We are in turbulent times. The recent Greek elections and China continue to weigh heavily on the markets.

UPDATE 4.38pm UK time:  The FTSE 100 is down 2.51%. 

UPDATE 4.43pm UK time:  Meanwhile shares in my old company Sepura are up on the day at 174p each. 

UPDATE 4.57pm UK time: The FTSE 100 is even lower, down 2.83% on the day so far. I expect tomorrow it will rise?

China and the FTSE 100

Despite the bad times in China that are rocking markets around the world, the UK FTSE 100 share index is currently up 2.11%. It seems like it wants to recover lost ground but is being held back.

My own view is that what is happening in China is deadly serious and we are heading for another huge crash that, especially for the average Chinese, will make the Wall Street Crash of 1929 seem tame. This could result in revolution in China and real turmoil over there. We will not come out of this unscathed. The world is just shutting its eyes and pretending it is "business as usual". It is not! 

The age of low cost imports from China is gradually ending and the world has to adjust. No doubt sweat shops in other poorer countries will replace China, but personally I hope it means more real manufacturing in the EU and USA.  At the moment almost everything you buy is "made in China".

More spooking by China

This afternoon the FTSE 100 share index is down by around 3.5%. The main reason is weak economic data from China. The markets are getting clear signals that China's economy is far from healthy and this is well and truly spooking the markets. It could still fall further in later trading.

More on the climbing FTSE 100

The FTSE 100 share index here in the UK recovered further today, presumably based on better short-term news out of China.

UPDATE 2004z:  The FTSE 100 ended the day well up, climbing 3.56% on the day.  People seem to think the crisis in China is over. Think again.  As they say, "we ain't seen anything yet". Batten down the hatches we are all in for a very rough ride. This will make 1929 look like a walk in the park.

FTSE 100 recovering?

It is too early in the day to be sure, but at the moment the FTSE 100 index is well up on the dramatic falls seen yesterday.

China is still spooking the stock markets around the world. Investors are worried by the slower growth in China and are wondering if its engine is losing steam and the impact this will have on the world. Lots of us are dependent on China as big pension funds may have invested heavily in China.

FTSE 100 well down today

The FTSE 100 is down to close to its lowest point for a year. Maybe, just maybe, things will recover a bit next week, but this looks serious. Personally, I think it will fall well below 6000 before we see any recovery.

The markets now have a new worry on top of all the other worries - a snap election in Greece. What with the slow down in China, the risk we in the UK will leave the EU, falling oil prices, there is a lot of uncertainty around. This spooks the stock market.

As someone famous once said," you ain't seen anything yet".

FTSE 100 - further falls

It has fallen even further and I am sure it will go even lower before we see any recovery. When I last looked it was down 0.51% on the day and well below its peak of 7103 earlier this year. Stock markets are OK in the longer term.

FTSE 100 down 10%

This year, the FTSE 100 share index has fallen around 10%. It will rise again, although I am not sure shares have finished falling yet. Economics is cyclical and we have had a good few years since the very bad times.  Next year, it is likely we will see interest rates start to rise again. They have been low for a very long time now.

It is not beyond the bounds of possibility that we could be in to a few hard years. Greece and China continue to worry investors. If we are in for a dip then the FTSE could fall below 6000. At its peak it was over 7100 early this year. If in for the long haul, the FTSE 100 will come back, but it might be a few years away. Being fickle though, it could be over 7000 again next month!

Greece and the FTSE 100

Apparently Greece has "all but" done a deal with its creditors on a new bailout deal, yet the FTSE 100 share index is currently down nearly 1%. The stock markets should surely be pleased that the Greek uncertainty is all but over.

FTSE 100 recovery?

Based on some generally good economic news, the FTSE 100 share index is currently up on recent days. Gains are modest, but they are gains. We should worry about China.

FTSE 100

At the moment, the FTSE 100 has hardly changed and is just 0.07% lower. In recent weeks it has fallen quite a lot. With the uncertainty over the Euro and the UK's membership of the EU, I can see the FTSE 100 remaining volatile for some time to come. It amazes me that it has not fallen more.

UPDATE 1150z:  Currently the FTSE 100 index is down 0.55%. It took a nosedive quite recently. Not sure why - I'll check.

UPDATE 1307z:  Currently FTSE 100 is down 0.68%.

The UK budget and FTSE 100 - up 0.91%

The UK budget seems to have been generally liked even though it is quite hard if you were heavily dependent on benefits. The FTSE 100 ended the day up 0.91% on the day. I think it will take several days before people properly understand the full implications of the budget. There are quite a few hidden tax rises as well as some tax changes which reduce income tax for some.

FTSE 100 recovering?

OK, this is just a snapshot and all could change, but at the moment the FTSE 100 is up. I guess the real turbulence will be after Sunday when the situation with Greece becomes clearer. Clearly the countries in the Euro are doing everything to keep Greece in the Euro, but the Greeks are not wanting to play ball" and want things on their terms. Tax avoidance and possibly corruption seem endemic in Greece. Things have to change or they will be on their own again.