Global markets roundup, 11 March

• FTSE 100 down 0.4% to 6,689

• Gold down 0.02% to $1,339.72/oz

• £/$ – 1.6645

The FTSE 100 continued its fall yesterday, shedding a further 0.4% to close at 6,689.

Housebuilder Persimmon was the day’s worst performer, sliding 4.6%. Vodafone was also out of favour, falling 3.6%.

In Europe yesterday, the Paris CAC 40 rose four points to 4,370 and the German Xetra Dax fell 85 points to 9,265.

In the US, the Dow Jones Industrial Average fell 0.2% to 16,418, the S&P 500 slipped 0.1% to 1,877, and the Nasdaq Composite lost two points to 4,334.

Overnight in Japan, the Nikkei 225 rose 0.7% to 15,224 and the broader Topix added 0.5% to 1,233. And in China, the Shanghai Composite edged up 0.1% to 2,001, and the CSI 300 gained 0.5% to 2,108.

Brent spot was trading at $108.16 early today, and in New York, crude oil was at $101.30. Spot gold was trading at $1,346 an ounce, silver was at $20.92 and platinum was at $1,476.

In the forex markets this morning, sterling was trading against the US dollar at 1.6641 and against the euro at 1.2007. The dollar was trading at 0.7215 against the euro and 103.25 against the Japanese yen.

And today, estate agent Foxtons announced a big jump in profits. Pre-tax profits for the year to the end of December rose by 57% to £38.9m, up from £24.9m the previous year. Revenue rose by 16% to £139.2m

Merryn

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