• FTSE 100 up 0.2% to 6,875
• Gold down 0.07% to $1,253.34/oz
• £/$ – 1.6803
The FTSE 100 edged higher yesterday, adding 0.2% to close at 6,875.
Housebuilders were in demand. Barratt Developments led the index up with a 2.5% rise, and Persimmon rose 1.2%. Other top performers included Sports Direct, which added 1.5%, and ARM Holding and RBS, which each rose 1.4%.
In Europe, the Paris CAC 40 rose eight points to 4,589, and the German Xetra Dax rose 21 points to 10,008.
In the US, the Dow Jones Industrial Average and the S&P 500 each rose 0.1% to 16,943 and 1,951 respectively, and the Nasdaq Composite was 0.3% higher at 4,336.
Overnight in Japan, the Nikkei 225 slid 0.9% to 14,994 and the broader Topix fell0.5% to 1,228. And in China, the Shanghai Composite rose 1.1% to 2,052, and the CSI 300 was 1.3% higher at 2,161.
In the forex markets this morning, sterling was trading against the US dollar at 1.6809 and against the euro at 1.2366. The dollar was trading at 0.7356 against the euro and 102.27 against the Japanese yen.
And in the UK, retail sales growth slowed in May, according to the British Retail Consortium. Total sales rose by 2%, down from 5.7% in April. Like-for-like sales grew by 0.5%. Clothing drove much of the growth, but food sales fell by 0.2% in the last three months, the first fall in six years..