- FTSE 100 up 0.9% to 6,137
- Gold down 0.35% to $1,105.25
- £/$ – 1.5344
The FTSE 100 bounced back yesterday, climbing 0.9% to close at 6,137.
Engineering group Weir was the day’s top performer, up 5% after shares had hit a five-year low. ARM Holdings added 3.8% after forecasting a $40m rise in revenues, and brewer SAB Miller rose 3%.
In Europe’s markets yesterday, the Paris CAC 40 rose 1.1% to 4,569, and the German Xetra Dax was 0.6% higher at 10,188.
In the US, the Dow Jones Industrial Average gained 1.4% to 16,599, the S&P 500 rose 1.3% to 1,978, and the Nasdaq Composite was 1.1% higher at 4,860.
Overnight in Japan, the Nikkei 225 rose 0.8% to 18,171, and the broader Topix added at 1,472. And in China, the CSI 300 gained 5% to 3,309, and the Shanghai Composite rose 4.9% to 3,302.
Brent spot was trading at $48.17 early today, and in New York, crude oil was at $45.13. Spot gold was trading at $1,108 an ounce, silver was at $14.50 and platinum was at $963.
In the forex markets this morning, sterling was trading against the US dollar at 1.5340 and against the euro at 1.3623. The dollar was trading at 0.8881 against the euro and 120.29 against the Japanese yen.
And today, retailer JD Sports reported a big rise in first-half profits. Pre-tax profit in the six months to 1 August rose by 82% to £25.5m, with revenue up by 21% to £809.9m.