Markets: FTSE 100 edges up

  • FTSE 100 up 0.7% to 6,137
  • Gold up 0.29% to 1,077.68/oz
  • £/$ – 1.4675

The FTSE 100 bounced back from its disappointing start to the year yesterday, climbing 0.7% to close at 6,137.

Miners clawed back some of Monday’s losses. Glencore was the day’s top performer, adding 3%, while Rio Tinto and Anglo American each rose 1.9%.

In Europe, the Paris CAC 40 rose 0.3% to 4,537, and the German Xetra Dax added 0.3% to 10,310.

In the US, the Dow Jones Industrial Average gained 0.1% to 17,158, the S&P 500 rose 0.2% to 2,016, and the Nasdaq Composite was 0.2% lower at 4,891.

Overnight in Japan, the Nikkei 225 slid 1% to 18,191, and the broader Topix index was 1.1% lower at 1,488. And in China, the CSI 300 rose 1.8% to 3,539, and the Shanghai Composite added 2.3% to 3,361.

Brent spot was trading at $35.90 early today, and in New York, crude oil was at $35.63. Spot gold was trading at $1,082 an ounce, silver was at $13.95 and platinum was at $883.

In the forex markets this morning, sterling was trading against the US dollar at 1.4633 and against the euro at 1.3633. The dollar was trading at 0.9317 against the euro and 118.51 against the Japanese yen.

And in the UK, John Lewis reported strong sales over Christmas, driven by online shoppers. High Street sales at its department stores fell by 1.2% in the six weeks to 2 January, while online sales rose by 21.4%. Like for like sales for the group rose by 5.1%.


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