Market Comment – a personal view of Brian Tora

Just as the weather took a turn for the worse after a prolonged period of exceptionally summery conditions, so markets succumbed to the worsening situation in the Middle East. Shares have slid lower, rather than collapsed, with a 1.7% fall in the FTSE 100 Share Index during a single week bringing it back below 6600. Not so very long ago it was flirting with 6900, just a few points away from the all time high.

Market Comment – 18th August