Global markets roundup, 24 July

• FTSE 100 up three points to 6,798

• Gold down 0.14% to $1,304.63/oz

• £/$ – 1.7044

The FTSE 100 was virtually unchanged yesterday, adding just three points to close at 6,798.

Capita was the day’s best performer, adding 4.8% after posting a positive set of results. At the other end of the table drugmaker GSK slid 4.7% after saying earnings would show little growth this year.

In Europe, the Paris CAC 40 rose seven points to 4,376, and the German Xetra Dax added 19 points to 9,753.

In the US on Friday, the Dow Jones Industrial Average slipped 0.2% to 17,086, the S&P 500 gained 0.2% to 1,987, and the Nasdaq Composite was 0.4% higher at 4,473.

Overnight in Japan, the Nikkei 225 fell 0.3% to 15,284, and the broader Topix index lost 0.2% to 1,269. And in China, the Shanghai Composite rose 1.3% to 2,105, and the CSI 300 was 1.8% higher at 2,237.

Brent spot was trading at $107.81 early today, and in New York, crude oil was at $102.84. Spot gold was trading at $1,298 an ounce, silver was at $20.79 and platinum was at $1,472.

In the forex markets this morning, sterling was trading against the US dollar at 1.7045 and against the euro at 1.2653. The dollar was trading at 0.7423 against the euro and 101.46 against the Japanese yen.

And in the UK, Unilever reported a slowdown in sales growth in the second quarter. The consumer goods group said underlying sales rose by 3.8%. Analysts had been expecting growth of around 4.3%. Total revenue fell by 5.5% to €24.1bn.

Merryn

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