Market Summary: 12th August 2011
The FTSE All Share index, representing the performance of all eligible companies listed on the London Stock Exchange has finished the week at2,763.81, an increase of 80.15 points on the day and 36.63 points higher than its 2,727.18 opening value at the start of the week.
So far this year the FTSE All Share index, which accounts for approximately 98% of the UK’s market capitalisation, has gone down 299.04 from its’ opening price of 3062.85 at the start of trading on 4th January 2011.
New figures for CPI & RPI will be published on 16th August 2011. Whether the new numbers will be anywhere near the Government’s target measures will remain to be seen. Whatever the figures reveal they’re sure to upset rail travelers – the increase in fares will be linked to the July inflation figure + 3%.
Looks like more disgruntled rail passengers…