Sales growth for second consecutive month

The FashionUnited Top 100 Index is rising continuously,

inaugurating the second consecutive week with gains. Yesterday, the index closed at 1099.1 points, increasing by 18.35.  It has been the largest addition in two weeks.

In general terms, most part of companies gathered in the FashionUnited Top 100 experimented light increases, normally comprehended between 0.10 and 0.50 points each one.

Shiny exceptions were to be located within the British stocks, where ASOS went up by 13 points, while Burberry scratched 1.5. Without leaving this market, JD Sports Fashion was by far the value throwing the worst result of the session, with a final loss of 2.73%. Also the UK based Next fell by 1 point.

Japanese tokens had also offered positive outcomes, as they had been doing for the almost the whole summer. It was the case of Fast Retailing, undoubtedly the value noticing largest improvement with 30 points more than the previous day, and of United Arrows, up by 22 points. In India, Koutons experimented a slight increase of 1.7 points.

In the New Continent, purchases of petrol and apparel pushed US retail sales higher in August as businesses rushed to replenish their stocks, raising hopes that less cautious consumers will help the economy avoid a second recession. It should also be taken into account that August was the second month running that sales rose and the 0.4 per cent increase, which exceeded economists’ expectations, was the sharpest in five months. Compared with the same time a year ago, retail sales, as reported by the commerce department, are up by 3.6%. Quiksilver, Inc.jumped up by 4.83% in the New York Stock Exchange, and closed at $3.69 whereas total traded volume stood at 1.38 million shares. Its total market capitalization arrived at $604.94 million.