• FTSE 100 up 0.1% to 6,878
• Gold up 0.95% to $1,305.95/oz
• £/$ – 1.6767
The FTSE 100 edged higher yesterday, adding 0.1% to close at 6,878.
G4S led the index up, rising 2.4%. Miners were also in demand with Antofagasta, BHP Billiton, Fresnillo and Rio Tinto up between 2.1% and 1.3%.
In Europe yesterday, the Paris CAC 40 slipped four points to 4,501, and the German Xetra Dax was unchanged 9,754.
In the US yesterday, the Dow Jones Industrial Average fell 0.6% to 16,613, the S&P 500 lost 0.5% to 1,888, and the Nasdaq Composite was 0.7% lower at 4,100.
Overnight in Japan, the Nikkei 225 fell 0.8% to 14,298 and the broader Topix lost 0.4% to 1,178. And in China, the Shanghai Composite slid 1.1% to 2,024, and the CSI 300 was 1.3% lower at 2,144.
In the forex markets this morning, sterling was trading against the US dollar at 1.6743 and against the euro at 1.2243. The dollar was trading at 0.7312 against the euro and 102.03 against the Japanese yen.
And today, Dixons and Carphone Warehouse announced that they are to merge in a deal worth £3.8bn. Ownership of the new company, which is to be called Dixons Carphone, is to be split equally between the firms’ two sets of shareholders.