Global markets roundup, 19 August

• FTSE 100 up 0.8% to 6,741
• Gold down 0.5% to $1,298.43/oz
• £/$ – 1.6728

The FTSE 100 made further gains in yesterday’s trading, rising 0.8% to 6,741.

Building materials maker CRH was the highest riser on Monday, up 2.8%. Investment firm Hargreaves Lansdown and tech company Smiths Group both followed with gains of 2.7%.

Meanwhile, real estate investment trust (Reit) British Land fell 0.8%.

In Europe, the Paris CAC 40 rose 57 points to 4,231, and the German Xetra Dax gained 152 points to 9,245.

In the US, the Dow Jones Industrial Average added 1.1% to 16,839, the S&P 500 rose 0.9% to 1,972, and the Nasdaq Composite was 1.0% higher at 4,508.

Overnight in Asia, Japan’s Nikkei 225 rose 0.8% to 15,450, and the broader Topix index gained 0.7% to 1,280. And in China, the Shanghai Composite rose 0.3% to 2,245, and the CSI 300 edged higher to 2,375.

Brent spot was trading at $101.88 early today, and in New York, crude oil was at $96.94. Spot gold was trading at $1,299 an ounce, silver was at $19.59 and platinum was at $1,441.

In the forex markets this morning, sterling was trading against the US dollar at 1.6703 and against the euro at 1.2509. The dollar was trading at 0.7489 against the euro and 102.59 against the Japanese yen.

And in the UK, Persimmon has reported a rise in pre-tax profits of 58%, with revenues climbing 33% to £1.2bn in the first six months of the year. However, the housebuilder warned its stance is “vigilant” on the housing market.

Merryn

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