• FTSE 100 up 2 points to 6,675
• Gold down 0.02% to $1,291.18/oz
• £/$ – 1.6596
The FTSE 100 was virtually unchanged yesterday, rising just two points to close at 6,675.
Mining stocks were once again in demand. Antofagasta was the day’s top performer with a 2.7% rise, while Rio Tinto and Glencore Xstrata each added 1.3%.
In Europe yesterday, the Paris CAC 40 rose 22 points to 4,305, and the German Xetra Dax added 62 points to 9,540.
In the US, the Dow Jones Industrial Average slipped 0.2% to 15,963, the S&P 500 was flat at 1,819, and the Nasdaq Composite was 0.2% higher at 4,201.
Overnight in Japan, the Nikkei 225 slid 1.8% to 14,534 and the broader Topix index lost 1.6% to 1,199. And in China, the Shanghai Composite fell 0.6% to 2,098, and the CSI 300 lost 0.5% to 2,279.
In the forex markets this morning, sterling was trading against the US dollar at 1.6632 and against the euro at 1.2205. The dollar was trading at 0.7338 against the euro and 102.17 against the Japanese yen.
And today, Lloyds Banking Group announced a profit for the first time since the taxpayer bailed it out to the tune of £20.5bn. Lloyds made a pre-tax profit of £415 in 2013, compared with a loss of £606m in 2012. The bank has put aside £395m for bonuses, with chief executive Antonio Horta Osario receiving £1.7m.
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