Markets: FTSE 100 slips back

  • FTSE 100 down 0.2% to 6,189
  • Gold down 0.21% to $1,255.82/oz
  • £/$ – 1.4476

The FTSE 100 fell back on Friday, closing at 6,189, down 0.2% on the day, and 0.2% the week.

Mondi, the Central European packaging and paper company, was the day’s biggest faller, down 4.9%. Housebuilders Berkeley Group and Persimmon were also out of favour, slipping 2.2% and 1.8% respectively.

In Europe, the Paris CAC 40 rose 0.4% to 4,462, and the German Xetra Dax added 0.6% to 9,950.

In the US, the Dow Jones Industrial Average rose 0.7% to 17,602, the S&P 500 gained 0.4% to 2,049, and the Nasdaq Composite was 0.4% higher at 4,795.

Japan’s markets were closed for a public holiday. And in China, the CSI 300 added 2.4% to 3,249, and the Shanghai Composite was 2.2% higher at 3,159.

Brent spot was trading at $40.69 early today, and in New York, crude oil was at $38.69. Spot gold was trading at $1,244 an ounce, silver was at $15.73 and platinum was at $963.

In the forex markets this morning, sterling was trading against the US dollar at 1.4391 and against the euro at 1.2790. The dollar was trading at 0.8888 against the euro and 111.37 against the Japanese yen.

And in the UK, the Confederation of British Industry says leaving the EU could cost the country half a million jobs and £100bn by 2020. Living standards and GDP would be “seriously reduced”, with economic growth as low as zero in 2017-18.


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