• FTSE 100 down 0.8% at 6,570
• Gold down 0.18% to $1,310.64/oz
• £/$ – 1.5904
The FTSE 100 slipped back yesterday as investors took profits. The index closed down 0.8% at 6,570.
Banks were out of favour – Lloyds fell 3.5% after the government sold a 6% stake, while Barclays lost 2.1% and RBS slipped 1.1%.
In Europe, the Paris CAC 40 fell seven points to 4,145, and the German Xetra Dax was 17 points lower at 8,596.
In the US, the Dow Jones Industrial Average rose 0.2% 15,529 the S&P 500 added 0.4% to 1,704, and the Nasdaq Composite gained 0.8% to 3,745.
Overnight in Asia, Japan’s Nikkei 225 rose 1.4% to 14,505 and the broader Topix index added 1% to 1,193. And in China, the Shanghai Composite gained 0.3% to 2,191, and the CSI 300 was 0.2% higher at 2,432.
Easily compare UK shares by sector or index using our free performance tool.
In the forex markets this morning, sterling was trading against the US dollar at 1.5925 and against the euro at 1.1922. The dollar was trading at 0.7486 against the euro and 99.16 against the Japanese yen.
And today, housebuilder Redrow announced a 63% rise in profits. Pre-tax profits for the year to the end of June rose to £70m from £43m in the previous year. Revenue rose by 26% to £604.8m. the company said it is to pay a dividend of a penny a share.