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Stock market traders consider spread betting as FTSE falls?

Stock market traders consider spread betting as FTSE falls?
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Spread betting may be one tactic employed by stock market traders, as Britain's top share index fell one per cent during this morning's session (August 4th).

Investing in a selection of shares could mitigate losses that wiped out previous good performances, as the price of crude oil saw fuel giants retreat from earlier gains, reported Reuters.

Royal Dutch Shell lost 1.3 per cent and BG Group shares contracted one per cent.

Earlier in the week the firms added 2.4 per cent and 1.1 per cent respectively and private wealth invested in banks would also have appreciated, as HSBC shares ballooned by 4.8 per cent.

The strong performance from financial shares came as a result of good first-half profits, announced on Monday.

Due to reveal more financial data on Friday, Royal Bank of Scotland today added one per cent to its shares as Santander confirmed the £1.65 billion asset acquisition deal.

Posted by Greg SeckerADNFCR-1681-ID-19919189-ADNFCR