Global markets roundup, 3 April

• FTSE 100 up 0.1% to 6,659

• Gold up 0.85% to $1,289.86/oz

• £/$ – 1.6626

The FTSE 100 edged higher yesterday, adding 0.1% to close at 6,659.

Mining stocks made some good gains as the price of metals rose. Fresnillo was the day’s best performer, up 3.7%, while Randgold added 2.3% and Antofagasta was 2% higher.

In Europe yesterday, the Paris CAC 40 rose four points to 4,430 and the German Xetra Dax gained 20 points to 9,623.

In the US, the Dow Jones Industrial Average rose 0.2% to 16,573, the S&P 500 added 0.3% to 1,890, and the Nasdaq Composite was 0.2% higher at 4,276.

Overnight in Japan, the Nikkei 225 gained 0.8% to 15,071, and the broader Topix gained 0.5% to 1,216. And in China, the Shanghai Composite and the CSI 300 each lost 0.7% to 2,043 and 2,165 respectively.

Brent spot was trading at $104.53 early today, and in New York, crude oil was at $99.21. Spot gold was trading at $1,291 an ounce, silver was at $19.93 and platinum was at $1,438.

In the forex markets this morning, sterling was trading against the US dollar at 1.6653 and against the euro at 1.2093. The dollar was trading at 0.7262 against the euro and 103.95 against the Japanese yen.

And in the UK, Just Eat, the online takeaway food directory, floated on the London Stock Exchange today with an initial share price of 260p, valuing the firm at £1.47bn. In early trading, shares were up by 10%.

 

66% off newsstand price

12 issues (and much more) for just £12

That’s right. We’ll give you 12 issues of MoneyWeek magazine, complete access to our exclusive web articles, our latest wealth building reports and videos as well as our subscriber-only email… for just £12.

That’s just £1 per week for Britain’s best-selling financial magazine.

Click here to take advantage of our offer

Britain is leaving the European Union. Donald Trump is reducing America’s role in global markets. Both will have profound consequences for you as an investor.

MoneyWeek analyses the critical issues facing British investors on a weekly basis. And, unlike other publications, we provide you with the solutions to help you turn a situation to your financial advantage.

Take up our offer today, and we’ll send you three of our most important investment reports:

All three of these reports are yours when you take up our 12 issues for £12 offer today.

MoneyWeek has been advising private British investors on what to do with their money since 2000. Our calls over that period have enabled our readers to both make and save a great deal of money – hence our position as the UK’s most-trusted investment publication.

Click here to subscribe for just £12