Markets: FTSE 100 flat

  • FTSE 100 up three points to 6,322
  • Gold up 1.64% to $1,266.26/oz
  • £/$ – 1.4609

The FTSE 100 was virtually unchanged yesterday, climbing just three points to close at 6,322.

Miners were the top performers. Anglo American led the list of risers with an 8.1% climb, while Rio Tinto, Randgold and Glencore added between 4.3% and 2.3%.

In Europe, the Paris CAC 40 slipped two points to 4,557, and the German Xetra Dax rose 0.2% to 10,321.

In the US, the Dow Jones Industrial Average fell 1.2% to 17,830, the S&P 500 lost 0.9% to 2,075, and the Nasdaq Composite fell 1.2% to 4,805.

Japanese markets were closed for a public holiday. And in China, the CSI 300 slipped 0.3% to 3,156 and the Shanghai Composite lost 0.3% to 2,938.

Brent spot was trading at $48.28 early today, and in New York, crude oil was at $46.27. Spot gold was trading at $1,278 an ounce, silver was at $17.77 and platinum was at $1,061.

In the forex markets this morning, sterling was trading against the US dollar at 1.4632 and against the euro at 1.2849. The dollar was trading at 0.8781 against the euro and 107.12 against the Japanese yen.

And in the UK, RBS reported a loss of £968m in the last quarter after it paid a one-off dividend payment of £1.2bn to the government to clear some of its debt incurred when it was bailed out. Operating profits rose to £421m, while revenue fell 13% to £3.06bn.


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