FTSE 250 rises

When I pointed out that the large company index the FTSE 100 which people use had gone up sharply post the referendum, the Bank of England and the doom mongers on this site said we needed now to look at the FTSE 250 index of smaller companies with a large UK focus.

So I hope they now recognise that this index too is doing better. Today it is at 16 333, well above the February low of 15 178 recorded before the referendum when the City anticipated a Remain vote, and above the August 2015 low of 16 214.

The FTSE 250 is now at the level it reached in the middle of June pre the vote, following its recovery from the February global sell off which brought down all advanced country stock markets.
The doom mongers are finding it is quite difficult talking some markets down.