• FTSE 100 down 0.2% to 6,787
• Gold up 0.08% to $1,318.40/oz
• £/$ – 1.6986
The FTSE 100 slipped further yesterday, falling 0.2% to close at 6,787.
Ashtead, the industrial equipment rental group, was the day’s biggest faller, down 3.2%. Sports Direct was also out of favour with a 3% fall.
In Europe, the Paris CAC 40 rose three points to 4,518, and the German Xetra Dax added 18 points to 9,938.
In the US, the Dow Jones Industrial Average fell 0.7% to 16,818, the S&P 500 lost 0.6% to 1,949, and the Nasdaq Composite slipped 0.4% to 4,350.
Overnight in Japan, the Nikkei 225 lost 0.7% to 15,266 and the broader Topix fell 0.6% to 1,260. And in China, the Shanghai Composite fell 0.4% to 2,025 and the CSI 300 was 0.5% lower at 2,133.
In the forex markets this morning, sterling was trading against the US dollar at 1.6960 and against the euro at 1.2458. The dollar was trading at 0.7346 against the euro and 101.90 against the Japanese yen.
And today, Spire, Britain’s second-largest chain of private hospitals, said it intends to float on the stock market at an estimated valuation of £1bn. The company, which is owned by private-equity group Cinven, operates 13 hospitals and 13 clinics, made a profit of £209m last year.