• FTSE 100 up 1.1% to 6,678
• Gold down 0.37% to $1,198.82/oz
• £/$ – 1.6356
The FTSE 100 saw big gains in the last full day’s trading before Christmas. The index rose 1.1% to close at 6,678.
Chipmaker Arm Holdings was the day’s highest climber, up 3.9%. While at the other end of the table, Royal Mail marked its debut on the FTSE 100 with a 1.9% fall.
In Europe, the Paris CAC 40 rose 22 points to 4,215, and the German Xetra Dax added 88 points to 9,488.
In the US, the Dow Jones Industrial Average and the S&P 500 each rose 0.5% to 16,294 and 1,827 respectively, and the Nasdaq Composite was 1.1% higher at 4,148.
Overnight in Asia, Japan’s Nikkei 225 rose 0.1% to 15,889, and the broader Topix slipped 0.3% to 1,257. And in China, the Shanghai Composite and the CSI 300 each rose 0.2% to 2,092 and 2,288 respectively.
In the forex markets this morning, sterling was trading against the US dollar at 1.6326 and against the euro at 1.1937. The dollar was trading at 0.7312 against the euro and 104.23 against the Japanese yen.
And in the UK, property prices will rise by between 4% and 8% in 2014, according to the latest estimate from the Halifax. Growth would be spread around all regions of the country, it said. But it dismissed claims that house prices were in a bubble.
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