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Where do you think the UK Index will finish this year?
The closest answer will win £100 M&S vouchers*
Other views:
The Share Centre – 6565
UBS – 6100
Credit Suisse – 6100
Charles Stanley – 5800
Goldman Sachs – 5800
Legal & General – 5500
HSBC – 5400
Morgan Stanley – 5000
*
– If there is more than 1 correct answer, the winner will be picked at random.
– Closing price = Bloomberg closing price on 31st Dec 2012
– Entries after June will not count
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I think the FTSE will end around 5900
Finish around 4888 – Greece will have defaulted and the IMF/ECB will try to save the Eurozone.
5900 – Potential for rise to 2011 and 3.5yr highs of 6100 before weakening back to 5600 and trading sideways in this range, essentially making little ground over the course of the year.
I predict it will end at 5950. Eurozone situation wont get much better but I think high commodity prices, especially crude will enable oil companies to maximise profits. At the end of the day Energy and Materials companies constitute ~30% of the FTSE100.
I’d say 6,200. Markets are now used to ‘bad news’ so should be able to weather any storm (unless it’s a big one!)