- FTSE 100 up 0.7% to 6,242
- Gold down 0.19% to $1,255.53/oz
- £/$ – 1.4275
The FTSE 100 bounced back yesterday, adding 0.7% to close at 6,242.
Commodity stocks were the day’s best performers. Anglo American led the index up with a 9% rise, while Glencore gained 5.3% and BHP Billiton was 3.9% higher.
In Europe, the Paris CAC 40 rose 0.8% to 4,345, and the German Xetra Dax added 0.8% to 9,761.
In the US, the Dow Jones Industrial Average rose 0.9% to 17,721, the S&P 500 added 1% to 2,061, and the Nasdaq Composite was 0.8% higher at 4,872.
Overnight in Japan, the Nikkei 225 rose 2.8% to 16,381, and the broader Topix index gained 2.6% to 1,332. And in China, the CSI 300 added 1.3% to 3,261, and the Shanghai Composite rose 1.4% to 3,066.
Brent spot was trading at $43.85 early today, and in New York, crude oil was at $41.35. Spot gold was trading at $1,250 an ounce, silver was at $16.09 and platinum was at $994.
In the forex markets this morning, sterling was trading against the US dollar at 1.4232 and against the euro at 1.2530. The dollar was trading at 0.8803 against the euro and 108.92 against the Japanese yen.
And in the UK, Tesco reported its first growth in quarterly sales for three years and a return to profit for the year. Like-for-like sales in the 13 weeks to 27 February rose by 0.9%. Full-year pre-tax profit was £162m, compared with a loss of £6.4bn the previous year.