06/01/14 Market Movements

Market traded flat today before closing 0.06% at 6,730.73.

Stock movements
Persimmon = Persimmon closed at 1290.  0.8% below its target sale price of 1300p

 

Asos continued to rise and closed at 6,799. 7.9% above its target sale price of 6,300p

Norcross closed at 24.75. 1% below its target sale price of 25p

Market news
George Osbourne labelled 2014 “ the year of hard truths” and announced that a further £25bn of cuts must be made after the next election if the government is to eliminate the UK’s Deficit.