- FTSE 100 up 1% to 5,929
- Gold down 0.7% to 1,086.56/oz
- £/$ – 1.4448
The FTSE 100 bounced back yesterday, adding 1% to close at 5,929.
Supermarkets were among the top performers. Tesco was the day’s highest climber up 6.7%, and Sainsbury’s added 3.3.
In Europe, the Paris CAC 40 rose 1.5% to 4,378, and the German Xetra Dax added 1.6% to 9,985.
In the US, the Dow Jones Industrial Average rose 0.7% to 16,516, the S&P 500 added 0.8% to 1,938, and the Nasdaq Composite was 1% higher at 4,685.
Overnight in Japan, the Nikkei 225 rose 2.9% to 17,715, and the broader Topix index was 2.9% higher at 1,442. And in China, the CSI 300 fell 1.9% to 3,155, and the Shanghai Composite slid 2.4% to 2,949.
Brent spot was trading at $31.03 early today, and in New York, crude oil was at $31.38. Spot gold was trading at $1,082 an ounce, silver was at $13.77 and platinum was at $836.
In the forex markets this morning, sterling was trading against the US dollar at 1.4439 and against the euro at 1.3343. The dollar was trading at 0.8241 against the euro and 118.30 against the Japanese yen.
And in the UK, Sainsbury’s reported better than expected sales over Christmas. Like-for-like sales slipped by 0.4% in the third quarter of the year. Analysts had forecast a fall of 0.7%.