Global markets roundup, 24 June

• FTSE 100 down 0.4% to 6,800

• Gold up 0.19% to $1,317.36/oz

• £/$ – 1.7027

The FTSE 100 slipped back yesterday, falling 0.3% to close at 6,800.

Rolls Royce was the day’s biggest faller, down 3%. Chemicals company Johnson Matthey was also out of favour with a 2.7% fall. Housebuilder Barratt Developments also lost 2.7%.

In Europe, the Paris CAC 40 fell 26 points to 4,515, and the German Xetra Dax slid 67 points to 9,920.

In the US, the Dow Jones Industrial Average slipped 0.1% to 16,937, the S&P 500 was flat at 1,962, and the Nasdaq Composite was flat at 4,368.

Overnight in Japan, the Nikkei 225 and the broader Topix each gained 0.1% to 15,376 and 1,268 respectively. And in China, the Shanghai Composite and the CSI 300 each rose 0.5% to 2,033 and 2,144 respectively.

Brent spot was trading at $113.94 early today, and in New York, crude oil was at $105.79. Spot gold was trading at $1,317 an ounce, silver was at $20.81 and platinum was at $1,454.

In the forex markets this morning, sterling was trading against the US dollar at 1.7027 and against the euro at 1.2516. The dollar was trading at 0.7350 against the euro and 101.96 against the Japanese yen.

And today, Carpetright reported a 53% fall in profits for the year. The firm made a pre-tax profit of £4.6m in the year to 26 April. Revenue fell by 2.2% to £447.7m.

Merryn

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