Markets: FTSE 100 ends the week with more falls

  • FTSE 100 down 0.7% to 6,585
  • Gold up 0.2% to $1,168.48
  • £/$ – 1.5570

The FTSE 100 saw further falls ahead of Sunday’s referendum in Greece. The index closed down 0.7% at 6,585.

Smiths Group was the day’s biggest faller, down 2.4%. Rolls Royce lost 2.3%, and Standard Chartered fell 2.1%.

In Europe’s markets yesterday, the Paris CAC 40 fell 0.6% to 4,808, and the German Xetra Dax was 0.4% lower at 11,058.

In the US, markets were closed for public holiday

Overnight in Japan, the Nikkei 225 slid 2.1% to 20,112, and the broader Topix index lost 1.9% to 1,620. And in China, the CSI 300 rose 2.9% to 3,998, and the Shanghai Composite added 2.4% to 3,775.

Brent spot was trading at $59.67 early today, and in New York, crude oil was at $55.04. Spot gold was trading at $1,165 an ounce, silver was at $15.57 and platinum was at $1,067.

In the forex markets this morning, sterling was trading against the US dollar at 1.5615 and against the euro at 1.4053. The dollar was trading at 0.9000 against the euro and 123.11against the Japanese yen.

And in the UK, Rolls Royce issued its third profit warning in a year as demand forits aero engines fell. It had previously said 2015 profits would be between £1.4bn and £1.5bn; now it says it expects them to be between £1.325bn and £1. 475bn. Shares were down over 8% in early trading.



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