The FTSE 100 saw a mixed run as it closed yesterday (September 3rd), with some sectors performing better than others for those with investments in the stock market .
According to City Index, mining and banking companies proved to be the best bet for those with money to invest, while this success was offset by "weaknesses" in oil and travel shares.
Gold mining firm Rangold Resources was up by ten per cent by the time the market closed and the Royal Bank of Scotland added 1.5 points to the FTSE index.
However, oil giant BP saw profits fall by nearly one per cent, which is bad news for those with investments in the company.
A spokesperson for City Index said: "European indices turned lower after US ISM Non Manufacturing. The services sector index rose to 48.4 in August up from its July reading and higher then analyst's forecasts of 48."
Financial advisers looking for more investment opportunities for their clients may be interested in the news that Morningstar Associates Europe recently added five new funds to its portfolio.
European investments mixed, City Index reports
European investments mixed, City Index reports
Fri, 04 Sep 2009
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