Markets: FTSE 100 back in positive territory

  • FTSE 100 up 0.4% to 6,707
  • Gold up 1.38% to $1,201.92
  • £/$ – 1.5880

After four days of falls, the FTSE 100 bounced back yesterday, rising 0.4% to close at 6,707.

Miners were the main driving force. Randgold was the top performer, climbing 2.7%. Anglo American added 2.6%, BHP Billiton gained 2.4% and Fresnillo was 2.1% higher.

In Europe’s markets yesterday, the Paris CAC 40 rose 0.3% to 4,803, and the German Xetra Dax added 1.1% to 11,100.

In the US, the Dow Jones Industrial Average and the S&P 500 each rose 1% to 18,115 and 2,121 respectively, and the Nasdaq Composite was 1.3% higher at 5,132.

Overnight in Japan, the Nikkei 225 rose 0.9% to 20,174, and the broader Topix index was 0.9% lower at 1,631. And in China, the Shanghai Composite slid 6.4% to 4,478, and the CSI 300 lost 6% to 5,596.

Brent spot was trading at $64.27 early today, and in New York, crude oil was at $60.36. Spot gold was trading at $1,200 an ounce, silver was at $16.10, and platinum was at $1,082.

In the forex markets this morning, sterling was trading against the US dollar at 1.5858 and against the euro at 1.4006. The dollar was trading at 0.8832 against the euro and 123.13 against the Japanese yen.

And in the UK, Auto Trader, reported its first results as a publicly traded company. The car sales platform made saw operating profits rise by 35% to £133.1m in the year to 29 March, with revenue up 8% to £255.9m.



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