- FTSE 100 up 3.6% to 6,360
- Gold down 0.97% to $1,319.15/oz
- £/$ – 1.3429
The FTSE 100 continued to rise yesterday, adding 3.6% to close at 6,360.
Housebuilders were among the top performers. Taylor Wimpey rose 8.9%, while Persimmon, Berkeley Group and Barratt Developments gained between 7.4% and 6.5%. Topping the index was precious metals minter Fresnillo, which climbed 9.3%.
In Europe, the Paris CAC 40 rose 2.6% to 4,195 and the German Xetra Dax added 1.7% to 9,612.
In the US yesterday, the Dow Jones Industrial Average rose 1.6% to 17,694, the S&P 500 added 1.7% to 2,070, and the Nasdaq Composite was 1.9% higher at 4,779.
Overnight in Japan, the Nikkei 225 rose 0.1% to 15,575 and the broader Topix index fell 0.2% to 1,245. And in China, the CSI 300 gained 0.1% to 3,153 and the Shanghai Composite slipped 0.1% to 2,929.
Brent spot was trading at $49.84 early today, and in New York, crude oil was at $49.18. Spot gold was trading at $1,315 an ounce, silver was at $18.31 and platinum was at $1,004.
In the forex markets this morning, sterling was trading against the US dollar at 1.3431 and against the euro at 1.2094. The dollar was trading at 0.9004 against the euro and 102.57 against the Japanese yen.
And today, UOB, Singapore’s third-largest bank, says it is so suspend loans on UK properties in the wake of the EU referendum result. Between 2013 and 2015, Singaporeans were the largest foreign buyers of UK property, according to estate agent Knight Frank.