Markets: FTSE100 falls back

  • FTSE 100 down 1% to 5,931
  • Gold down 0.85% to $1,115.34/oz
  • £/$ – 1.4362

The FTSE 100 fell back yesterday, down 1% to close at 5,931.

Travel firms were among the biggest fallers. Cruise operator Carnival fell 6.4%, IAG lost 5.1% and TUI was 3.5 %lower. The day’s biggest faller was equipment rental group Ashtead, which was 7.8% lower.

In Europe, the Paris CAC 40 lost 1.3% to 4,322, and the German Xetra Dax slid 2.4% to 9,639.

In the US, the Dow Jones Industrial Average rose 0.8% to 16,069, the S&P 500 added 0.6% to 1,893, and the Nasdaq Composite was 0.9% higher at 4,506.

Overnight in Japan, the Nikkei 225 jumped 2.8% to 17,518, and the broader Topix index gained 2.9% to 1,432. And in China, the CSI 300 rose 3.2% to 2,946, and the Shanghai Composite added 3.1% to 2,737.

Brent spot was trading at $34.32 early today, and in New York, crude oil was at $33.70. Spot gold was trading at $1,112 an ounce, silver was at $14.18 and platinum was at $860.

In the forex markets this morning, sterling was trading against the US dollar at 1.4358 and against the euro at 1.3172. The dollar was trading at 0.9174 against the euro and 120.79 against the Japanese yen.

And in the UK, consumer confidence remains high, according to the latest survey from GfK. Its consumer sentiment indicator rose from +2 in December to +4 in January.


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