• FTSE 100 up 0.3% at 6,757
• Gold up 0.38% to $1,253.22/oz
• £/$ – 1.6383
The FTSE 100 extended its gains yesterday, climbing a further 0.3% to close at 6,757.
Supermarket group Wm Morrison was the day’s highest climber, with a 6.4% rise. Precious metals miners were also in demand as the price of gold edged up – Fresnillo gained 3.6% and Randgold added 3.3%.
In Europe yesterday, the Paris CAC 40 rose 13 points to 4,263, and the German Xetra Dax gained 37 points to 9,510.
In the US, the Dow Jones Industrial Average fell 1.1% to 16,257, the S&P 500 lost 1.3% to 1,819, and the Nasdaq Composite was 1.5% lower at 4,113.
In Asia, the Nikkei 225 slid 3.1% to 15,422, and the broader Topix index lost 2.3% to 1,269. And in China, the Shanghai Composite and the CSI 300 each rose 0.9% to 2,026 and 2,212 respectively.
In the forex markets this morning, sterling was trading against the US dollar at 1.6426 and against the euro at 1.1996. The dollar was trading at 0.7303 against the euro and 103.37 against the Japanese yen.
And in the UK, the number of shoppers on Britain’s high streets fell sharply over Christmas as consumers increasingly turn to the internet. Numbers were down by 3.7% compared to the previous year, according to the British Retail Consortium (BRC). December as a whole saw a 2.4% fall.
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