Markets: FTSE 100 inches higher

  • FTSE 100 up 0.1% to 6,192
  • Gold down 0.93% to $1,243.69/oz
  • £/$ – 1.4369

The FTSE 100 crept higher yesterday, adding 0.1% to close at 6,192.

Johnson Matthey topped the index with a 3% rise, while Shire continued to climb, adding a further 2.6%. Paddy Power Betfair rose 2.4% and Provident Financial gained 2.2%.

In Europe, the Paris CAC 40 rose 0.1% to 4,431, and the German Xetra Dax added 0.4% to 9,990.

In the US, the Dow Jones Industrial Average fell 0.2% to 17,582, the S&P 500 slipped 0.1% to 2,049, and the Nasdaq Composite was 0.3% higher at 4,821.

Overnight in Japan, the Nikkei 225 lost 0.3% to 17,000, and the broader Topix index fell 0.4% to 1,364. And in China, the CSI 300 added 0.3% to 3,236, and the Shanghai Composite was 0.4% higher at 3,009.

Brent spot was trading at $41.48 early today, and in New York, crude oil was at $41.11. Spot gold was trading at $1,235 an ounce, silver was at $15.64 and platinum was at $983.

In the forex markets this morning, sterling was trading against the US dollar at 1.4188 and against the euro at 1.2675. The dollar was trading at 0.8932 against the euro and 112.45 against the Japanese yen.

And in the UK, William Hill issued a profits warning, with overall operating profit for 2016 expected to fall by between £20m and £25m. The FTSE 250-listed bookmaker suffered its “worst Cheltenham results in recent history”. Shares fell by over 13% in today’s early trading.


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