Markets: FTSE 100 virtually unchanged

  • FTSE 100 up three points to 6,358
  • Gold down 0.75% to 1,167.18
  • £/$ – 1.5417

The FTSE 100 was virtually unchanged yesterday, rising just three points to close at 6,358.

Publishing Group Pearson was the day’s worst performer, sliding 16% after posting a poor set of results. At the other end of the table chipmaker ARM rose 6.5% after reporting a27% rise in quarterly profits.

In Europe, the Paris CAC 40 rose 0.5% to 4,695, and the German Xetra Dax was 0.9% higher at 10,238.

In the US, the Dow Jones Industrial Average fell 0.3% to 17,168, the S&P 500 was lost 0.6% to 2,018, and the Nasdaq Composite was 0.8% lower at 4,840.

Overnight in Japan, the Nikkei 225 and the broader Topix index each fell 0.6% to 18,435 and 1,518 respectively. And in China, the CSI 300 rose 1.5% to 3,524, and the Shanghai Composite gained 1.5% to 3,368.

Brent spot was trading at $48.03 early today, and in New York, crude oil was at $45.42. Spot gold was trading at $1,168 an ounce, silver was at $15.74 and platinum was at $1001.

In the forex markets this morning, sterling was trading against the US dollar at 1.5451 and against the euro at 1.3654. The dollar was trading at 0.8836 against the euro and 119.65 against the Japanese yen.

And today, Hong-Kong based retailer C.banner is to buy iconic London toy shop Hamleys in a deal worth £100m from Icelandic firm Baugur, according to Reuters. The deal is expected to be confirmed later today.

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