• FTSE 100 down 0.5% to 6,567
• Gold down 0.13% to $1,310.95/oz
• £/$ – 1.6773
The FTSE 100 continued its decline on Friday, falling a further 0.5% to close at 6,567.
Fund manager Schroders was the worst performer of the day, down 2.7%. Other big fallers included engineering group Smiths, which lost 2.5%, and Tullow Oil, which was 2.4% lower.
In Europe, the Paris CAC 40 slipped two points to 4,147, and the German Xetra Dax fell 29 points to 9,009.
In the US on Friday, the Dow Jones Industrial Average rose 1.1% to 16,553, the S&P 500 added 1.2% to 1,931, and the Nasdaq Composite was 0.8% higher at 4,370.
Overnight in Japan, the Nikkei 225 rose 2.4% to 15,130, and the broader Topix was 2% higher at 1,252. And in China, the Shanghai Composite rose 1.4% to 2,224, and the CSI 300 each added 1.5% to 2,365.
In the forex markets this morning, sterling was trading against the US dollar at 1.6788 and against the euro at 1.2532. The dollar was trading at 0.7464 against the euro and 102.09 against the Japanese yen.
And today, housebuilder Balfour Beatty has rejected a second merger proposal from Carillion, saying there was “no strategic logic” to the tie-up. Balfour reported a fall in profits in the last six months, with underlying pre-tax profit down by 53% to £22m.