Markets: FTSE 100 continues to fall

  • FTSE 100 down 0.3% to 6,275
  • Gold down 0.24% to 1,089.63/oz
  • £/$ – 1.5119

The FTSE 100 carried on falling yesterday, slipping a further 0.3% to close at 6,275.

Miners were once again among the worst performers. Anglo American was the day’s biggest faller, down 4.7%, Glencore lost 4.2% and Antofagasta fell 2.3%

In Europe, the Paris CAC 40 rose one point to 4,912, and the German Xetra Dax was 0.2% higher at 10,832.

In the US, the Dow Jones Industrial Average and the S&P 500 each rose 0.2% to 17,758 and 2,081 respectively, and the Nasdaq Composite fell 0.2% to 5,083.

Overnight in Japan, the Nikkei 225 gained 0.1% to 19,691, and the broader Topix index added 0.4% to 1,595. And in China, the CSI 300 was flat at 3,833, and the Shanghai Composite was 0.3% higher at 3,650.

Brent spot was trading at $47.17 early today, and in New York, crude oil was at $43.67. Spot gold was trading at $1,090 an ounce, silver was at $14.45 and platinum was at $900.

In the forex markets this morning, sterling was trading against the US dollar at 1.5149 and against the euro at 1.4105. The dollar was trading at 0.9311 against the euro and 123.11 against the Japanese yen.

And today, Sainsbury’s reported a big slide profit for the first half of the year. Underlying pre-tax profits for the 28 weeks to 26 September fell by 18% to £308m. Total sales excluding fuel fell by 0.1%, and like-for-like sales were down by 1.6%.


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