3 FTSE Shares Hitting New Highshttp://www.fool.com/investing/international/2012/09/04/3-ftse-shares-hitting-new-highs.aspx Alan Oscroft
September 4, 2012
LONDON -- The FTSE 100 (INDEX: ^FTSE ) has been sliding back further from its 52-week high of 5,989 points this week, slipping below the 5,700 mark to sit on 5,693 points at the time of writing. The thing holding it back this week is a sense of foreboding ahead of Thursday's crucial meeting of the European Central bank.
But even if the index of the U.K.'s blue chip shares is slipping back, there are plenty of individual companies in the various indexes that are rising strongly. Here are three that have hit new highs this week.
KCOM (LSE: KCOM.L )
And they're still not expensive, with forecasts putting them on a forward price-to-earnings ratio of 10, with an expected dividend yield of 5.7%.
Oxford Instruments (LSE: OXIG.L )