Global markets roundup, 12 May

• FTSE 100 down 0.4% points to 6,814

• Gold down 0.04% to $1,288.79/oz

• £/$ – 1.6851

The FTSE 100 ended the week on a low note on Friday, slipping back 0.4% to close at 6,814.

Oil and gas services group Petrofac dragged the index down, sliding 15.2% after issuing a profits warning. Other big fallers included International Consolidated Airlines, which lost 4.8%, and drugs companies Shire and AstraZeneca, which lost 2.7% and 2.4% respectively.

In Europe, the Paris CAC 40 fell 30 points to 4,477, and the German Xetra Dax added 26 points to 9,581.

In the US, the Dow Jones Industrial Average rose 0.2% to 16,583, the S&P 500 gained 0.2% to 1,878, and the Nasdaq Composite added 0.5% to 4,071.

Overnight in Japan, the Nikkei 225 fell 0.4% to 14,149 and the broader Topix slid 0.7% to 1,157. And in China, the Shanghai Composite rose 2.1% to 2,052, and the CSI 300 was 2.2% higher at 2,180.

Brent spot was trading at $108.33 early today, and in New York, crude oil was at $100.12. Spot gold was trading at $1,290 an ounce, silver was at $19.21 and platinum was at $1,423.

In the forex markets this morning, sterling was trading against the US dollar at 1.6878 and against the euro at 1.2255. The dollar was trading at 0.7263 against the euro and 101.86 against the Japanese yen.

And today, satellite broadcaster BskyB said it is in talks to buy Sky Italia and Sky Deutschland from its parent company, 21st Century Fox. If successful, the deal would make BskyB worth £22bn. Fox owns 57% of Sky Deutschland and 100% of Sky Italia.

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