• FTSE 100 up 0.1% to 6,825
• Gold down 0.1% to $1,286.00/oz
• £/$ – 1.6680
The FTSE 100 rose six points in yesterday’s trading to close at 6,825.
Broadcaster ITV led Monday’s climbers with a gain of 3.6%. And retailer Marks & Spencer followed, ending the day 2.6% higher.
But it was another bad day for supermarkets. Morrisons fell 2.3% and Tesco and Sainsbury’s were down 1.9% and 0.3% respectively.
In Europe, the Paris CAC 40 fell just one point to 4,380, but the German Xetra Dax gained nine points to 9,480.
In the US, the Dow Jones Industrial Average rose 1.1% to 17,098, the S&P 500 added 0.3% to 2,003, and the Nasdaq Composite was 0.5% higher at 4,580.
Overnight in Asia, Japan’s Nikkei 225 rose 1.2% to 15,669, and the broader Topix index gained 1.1% to 1,297. And in China, the Shanghai Composite rose 1.4% to 2,266, and the CSI 300 added 1.3% to 2,386.
In the forex markets this morning, sterling was trading against the US dollar at 1.6568 and against the euro at 1.2621. The dollar was trading at 0.7617 against the euro and 104.83 against the Japanese yen.
And in the UK, Redrow’s full-year profits were 91% higher, thanks in part to the government’s Help to Buy scheme and a buoyant housing market. The housebuilder has doubled its dividend to 2p per share.