- FTSE 100 down 1% to 5,632
- Gold down 0.01% to $1,189.13/oz
- £/$ – 1.4472
The FTSE100 continued to fall yesterday, sliding a further 1% to close at 5.632.
Miners and financial stocks were the biggest fallers. Anglo American led the index down with an 11.3% slump, while Antofagasta lost 9.4% and BHP Billiton was 5.9% lower.
Among financial stocks, Standard Chartered fell 5.6%, Barclays lost 4.7%, and Worldpay was 4.3 % lower.
In Europe, the Paris CAC 40 fell 1.7% to 3.997, and the German Xetra Dax lost 1.1% to 8,879.
In the US, the Dow Jones Industrial Average fell 0.1% to 16,014, the S&P 500 lost 0.1% to 1,852, and the Nasdaq Composite was 0.4% lower at 4,268.
Overnight in Japan, the Nikkei 225 slid 2.3% to 15,713, and the broader Topix index lost 3% to 1,264. China’s stockmarkets remained closed for a public holiday.
Brent spot was trading at $30.89 early today, and in New York, crude oil was at $28.44. Spot gold was trading at $1,187 an ounce, silver was at $15.18 and platinum was at $925.
In the forex markets this morning, sterling was trading against the US dollar at 1.4494 and against the euro at 1.2872. The dollar was trading at 0.8880 against the euro and 114.81 against the Japanese yen.
And in the UK, chipmaker ARM Holdings, whose products power smartphones including Apple’s iPhone, said revenue rose by 24% year on year in the last quarter. The company made a pre-tax profit of £138.7m, up 14%.