• FTSE 100 up 0.2% at 6,829
• Gold up 0.94% to $1,254.05/oz
• £/$ – 1.6424
The FTSE 100 ended the week with more modest gains on Friday, rising 0.2% to close at 6,829.
Insurer Admiral was the day’s best performer with a 6.1% rise, while sector peer Resolution added 1.9%. Property stocks were also in demand. Hammerson added 2.6% and Land Securities was 2.2% higher.
In Europe yesterday, the Paris CAC 40 rose eight points to 4,327, and the German Xetra Dax added 25 points to 9,742.
In the US, the Dow Jones Industrial Average rose 0.3% to 16,458, the S&P 500 lost 0.4% to 1,838, and the Nasdaq Composite was 0.5% lower at 4,197.
In Asia, the Nikkei 225 slipped 0.6% to 15,641, and the broader Topix index fell 0.3% to 1,293. And in China, the Shanghai Composite lost 0.7% to 1,991, and the CSI 300 slid 0.6% to 2,165.
In the forex markets this morning, sterling was trading against the US dollar at 1.6436 and against the euro at 1.2128. The dollar was trading at 0.7378 against the euro and 104.14 against the Japanese yen.
And in England and Wales, asking prices on domestic properties rose by 1% on January, and are now 6.3% higher than a year ago, according to the latest figures from Rightmove. The average asking price now stands at £234,861. Asking prices in London rose by 7% in the last year, with the average now £514,704.
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