Markets: FTSE 100 ends the week on a positive note

  • FTSE 100 up 2.5% to 6,109
  • Gold down 0.66% to $1,146.40
  • £/$ – 1.5180

The FTSE 100 ended the week on a positive note, adding 2.5% to closer at 6,109.

Chipmaker ARM Holdings was the day’s top performer, climbing 6%, while Johnson Matthey added 4.8% and St James’s Place was 4.4% higher.

In Europe’s markets yesterday, the Paris CAC 40 rose 0.8% to 4,380, and the German Xetra Dax was 2.8% higher at 9,688.

In the US, the Dow Jones Industrial Average rose 0.7% to 16,314, the S&P 500 slipped 0.1% to 1,931, and the Nasdaq Composite was 1% lower at 4,686.

Overnight in Japan, the Nikkei 225 fell 1.3% to 17,645, and the broader Topix lost 1% to 1,438. And in China, the CSI 300 gained 0.3% to 3,242, and the Shanghai Composite rose 0.3% to 3,100.

Brent spot was trading at $48.13 early today, and in New York, crude oil was at $45.26. Spot gold was trading at $1,139 an ounce, silver was at $14.84 and platinum was at $932.

In the forex markets this morning, sterling was trading against the US dollar at 1.5214 and against the euro at 1.3599. The dollar was trading at 0.8939 against the euro and 120.32 against the Japanese yen.

And today, brewer AB InBev is expected to make a bid of up to £69bn for rival brewer SAB Miller. The world’s two biggest brewers have been in “friendly” talks, according to the Sunday Times.


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