Excerpt from:  Stock Indices CFDs and Spread Bets
.
September 02, 2008

FTSE 100 Gains on Oil Prices, Housing Market

British stocks get boost on FTSE 100
British housing market gets help from government
Spread betting and contracts for differences on the FTSE 100 should consider that things are looking up right now. Spread bets and CFDs on the British stock market should consider the two following factors that are helping:
  1. Companies -- especially travel companies and retailers -- are getting a boost from lower oil prices.
  2. The housing market is seeing some cautious optimism, thanks to the latest measures unveiled by the government, designed to help.
As a result, the FTSE 100 is heading higher on the British stock market.

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