Buyers tentatively return to UK market

Professional Adviser
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Buyers crept back into selected telecom, computer-related and financial shares, presumably after tak...

Buyers crept back into selected telecom, computer-related and financial shares, presumably after taking the view that the recent slump is overdone. This pushed the FTSE 100 moderately higher. Even so, the rise looks fragile without US markets open and thin UK trading volumes. Despite today's buying optimism there's a growing consensus amongst brokers that equity prices still have some way to fall before they will move to overweight them. The FTSE 100 added 30.1 points to 5656 and the technology biased techMark advanced 33.25 to 2169.83. Many of yesterday's worst hit FTSE 100 consti...

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