Cambridge Index adds 0.6%


31-12-2019
 301219_The Cambridge & FTSE AIM 100 Index Movement

The Cambridge Index gained 165.9 points or 0.6% to close at 28426.1, as four of the top five Index heavyweights posted weekly gains to their share prices.

CyanConnode Holdings, up 5%, announced that it has received a new order from its distributor and technology partner, The JST Group (JST), for the provision of 33,000 units to Thai state enterprise, Metropolitan Electricity Authority (MEA).

UK markets closed higher last week, lifted by gains in mining and energy sector stocks. The FTSE 100 index advanced 0.8% to settle at 7644.9, while the FTSE AIM 100 index rose 1.3% to close at 4921.4. Meanwhile, the FTSE techMARK 100 index gained 1.3% to end at 5998.9.

US markets ended in the green previous week, lifted by gains in technology and consumer discretionary sector stocks. The US Chicago Fed National Activity Index rose in November, whereas the number of Americans filling for unemployment benefits declined more than expected last week. Meanwhile, the US durable goods orders unexpectedly fell in November and new home sales rose less than expected in the same month. The DJIA index rose 0.7% to end at 28645.3, while the NASDAQ index gained 0.9% to close at 9006.6.

View the report in full

 

A Cambridge and international trading company

Kirly Group Holdings