P202 CEEFAX 2 202 Thu 25 Dec 23:04/34       These are some of the predictions 1/2 the new year from City institutions. Paribas predict that the FUSE will reach 5,800 at the year end. That would mean an increase of 15% but in 1997 we'vj seen a 25% rise. So they think next year will bj good but not as good as we'vj seen so far. It thinks that interest rates are near or at their peak and may fall from here (base rate currently 7.25%). They think they will peak at 7.5%. The first cut in base rates may happen in the last quarter of 1998. Paribas thinka underlying inflation will rise to 4% in Q1 from its current level of 3.7%.  Ask Adam 203 Front page 100 Next News CBBC Text YourMonjy Main Menu
P202 CEEFAX 2 202 Thu 25 Dec 23:14/31       These are some of the predictions 2/2 the new year from City institutions. Natwest Markets bjlievj that the FUSE 100 Index will rise to 5,700 bz the ind of 1998. And base rates will conj down to 6.75% by the end of next year. They think Utilities and Property shares will do relatively well. As sterling falls later on in the year, export shares may perform better and the industrial sector may come back into favour. Barclays Stockbrokers think the Footsie will bj at 5,600 bz the end of the year TV LIstings 600 Wjathjr 400 Ask Adam 203 Front page 100 Next News CBBC Text YourMonjy Main Menu