Global markets roundup, 19 May

• FTSE 100 up 0.2% to 6,855

• Gold down 0.21% to $1,293.46/oz

• £/$ – 1.6790

The FTSE 100 ended the week on a positive note on Friday, climbing 0.2% to close at 6,855.

Supermarkets were the best performers of the day. Sainsbury’s topped the index with a 4.5% rise, while Morrisons added 3.8% and Tesco rose 2.6%.

In Europe, the Paris CAC 40 rose 12 points to 4,456, and the German Xetra Dax lost 27 points to 9,629.

In the US on Friday, the Dow Jones Industrial Average rose 0.3% to 16,491, the S&P 500 added 0.4% to 1,877, and the Nasdaq Composite was 0.5% higher at 4,090.

Overnight in Japan, the Nikkei 225 fell 0.6% to 14,006 and the broader Topix lost 0.8% to 1,150. And in China, the Shanghai Composite fell 1.1% to 2,005, and the CSI 300 slid 1.4% to 2,115.

Brent spot was trading at $110.20 early today, and in New York, crude oil was at $102.64. Spot gold was trading at $1,300 an ounce, silver was at $19.50 and platinum was at $1,473.

In the forex markets this morning, sterling was trading against the US dollar at 1.6818 and against the euro at 1.2262. The dollar was trading at 0.7291 against the euro and 101.38 against the Japanese yen.

And today, AstraZeneca rejected a ‘final’ takeover offer from Pfizer. The US company increased its offer to £69bn, and said it would walk away if it wasn’t accepted.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
In the balance

How May 2015 could hit your pocket

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Russell Napier: deflation is coming – hold on to your cash

Financial historian Russell Napier talks to Merryn Somerset Webb about the next deflationary bust – why it's coming, what it means for you, and how you can survive it.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


28 November 1660: the Royal Society is founded

After the restoration of the monarchy, members of the 'Invisible College' asked King Charles II to approve their scientific and literary society on this day in 1660.