• FTSE 100 up 0.8% to 6,583
• Gold up 1.67% to $1,363.85/oz
• £/$ – 1.5743
Most world markets made decent gains yesterday, as fears over military strikes on Syria subsided. The FTSE 100 added 0.8% to close at 6,583, a four-week high.
Easyjet was the day’s highest climber, up 7.2% as oil prices fell back. International Consolidated Airlines was also in demand, rising 4.7%.
In Europe, the Paris CAC 40 rose 76 points to 4,116, and the German Xetra Dax was 170 points higher at 8,446.
In the US, the Dow Jones Industrial Average rose 0.9% 15,191, the S&P 500 added 0.7% to 1,683, and the Nasdaq Composite gained 0.6% to 3,706729
Overnight in Asia, Japan’s Nikkei 225 added two points to 14,425, and the broader Topix index slipped 0.1% to 1,189. In China, the Shanghai Composite added 0.2% to 2,241, and the CSI 300 was 0.3% higher at 2,482.
In the forex markets this morning, sterling was trading against the US dollar at 1.5726 and against the euro at 1.1858. The dollar was trading at 0.7540 against the euro and 100.29 against the Japanese yen.
And today, retailer Kingfisher, which owns the B&Q and Screwfix DIY chains, reported a 1.6% fall in profits for the first half of the year. The company made a pre-tax profit of £365m in the six months to 3 August. Total sales rose by 4.3% to £5.7bn, but like-for-like sales slipped 0.8%.