• FTSE 100 unchanged at 6,632
• Gold up 0.07% to $1,309.45/oz
• £/$ – 1.6812
The FTSE 100 recovered from early losses yesterday to close unchanged at 6,632.
Retailer Sports Direct was the day’s biggest climber, up 3.1%. Insurers were also in demand, with Prudential up 2.2% and Aviva and RSA 0.9% higher.
In Europe, the Paris CAC 40 fell 35 points to 4,162, and the German Xetra Dax lost 111 points to 9,069.
In the US, the Dow Jones Industrial Average slipped 0.1% to 16,560, the S&P 500 lost 0.2% to 1,933, and the Nasdaq Composite was 0.3% lower at 4,389.
Overnight in Japan, the Nikkei 225 and the broader Topix index each rose 0.4% to 15,213 and 1,262 respectively. And in China, the Shanghai Composite added 0.1% to 2,222, and the CSI 300 was also 0.1% higher at 2,358.
In the forex markets this morning, sterling was trading against the US dollar at 1.6826 and against the euro at 1.2602. The dollar was trading at 0.7489 against the euro and 102.44 against the Japanese yen.
And today, G4S reported a return to profit in the first half of the year. The security firm made a pre-tax profit of £85m in the six months to 30 June, compared with a loss of £94m in the same period last year. Revenue rose by 4.1% to £3.37bn.