• FTSE 100 up 0.4% to 6,808
• Gold down 0.56% to $1,284.30/oz
• £/$ – 1.6893
The FTSE 100 had another positive day yesterday, climbing 0.4% to close at 6,808.
Lloyds Banking Group was the day’s top performer, up 5.5% after reporting an increase in profits. RBS was also in demand with a 2.6% rise.
European markets were closed for a public holiday.
In the US yesterday, the Dow Jones Industrial Average fell 0.1% to 16,558, the S&P 500 was unchanged at 1,883, and the Nasdaq Composite gained 0.3% to close at 4,127.
Overnight in Japan, the Nikkei 225 slipped 0.2% to 14,457, and the wider Topix index was flat at 1,182. China’s markets were closed for a public holiday.
In the forex markets this morning, sterling was trading against the US dollar at 1.6890 and against the euro at 1.2192. The dollar was trading at 0.7218 against the euro and 102.47 against the Japanese yen.
And today, the Royal Bank of Scotland reported a big rise in profits in the first quarter. The bank reported a net profit of £1.2bn, up from £400m in the same period last year. Analysts had forecast a profit of £200m.