Cambridge Index inches up 0.1%

The Cambridge index rose 0.1% or 10.8 points to settle at 17,553.8, as eight of the top ten index heavyweights posted weekly gains.

 

Cyan Holdings, which remained flat at 0.2p, announced that Paul Ratcliff has been appointed to the Board as a Non-Executive Director with effect from 01 January 2016.

UK markets ended mostly higher last week, after the nationwide housing prices in the UK rose more than the market expectations in December. The FTSE 100 index eased 0.2% to 6,242.3, while the FTSE AIM 100 Index rose 1.6% to finish at 3,521.5. Also, the FTSE techMARK 100 Index advanced 1.0% higher to 4,027.4.

US markets closed lower in the previous week, following a decline in crude oil prices. On the macro front, the manufacturing activity in the US slowed down in December as the Dallas Fed Manufacturing Business index slumped to a level of -20.1 from -4.9 in November while the Chicago Purchasing Manager’s index fell to 42.9 in December from 48.7 in November. However, the consumer confidence index climbed in December to 96.5 from 92.6 in the prior month. The DJIA index fell 0.7% to 17,425.0, while the NASDAQ Index slid 0.8% to 5,007.4.


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