Markets: FTSE 100 bounces back

  • FTSE 100 up 0.7% to 6,156
  • Gold up 0.16% to $1,265/oz
  • £/$ – 1.4442

The FTSE 100 bounced back yesterday, adding 0.7% to close at 6,156.

Government contractor and outsourcer Capita was the day’s biggest climber, up 5.2%. Miner Anglo American added 4.7% and Asia-focused bank Standard Chartered gained 3.9%.

In Europe, the Paris CAC 40 rose 0.4% to 4,338, and the German Xetra Dax gained 0.7% to 10,045.

In the US, the Dow Jones Industrial Average and the S&P 500 each added 1.3% to 17,928 and 2,084, and the Nasdaq Composite was 1.3% higher at 4,809.

Overnight in Japan, the Nikkei 225 gained 0.1% to 16,579 and the broader Topix index was unchanged at 1,334. And in China, the CSI 300 added 0.5% to 3,082 and the Shanghai Composite rose 0.2% to at 2,837.

Brent spot was trading at $45.11 early today, and in New York, crude oil was at $44.26. Spot gold was trading at $1,273 an ounce, silver was at $17.29 and platinum was at $1,059.

In the forex markets this morning, sterling was trading against the US dollar at 1.4422 and against the euro at 1.2664. The dollar was trading at 0.8781 against the euro and 108.57 against the Japanese yen.

And in the UK, oil services company John Wood Group has issued a profits warning as the low oil price continues to bite. Full year operating profit will be 20% down on last year at £260m, it said.


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