• FTSE 100 up 0.2% at 6,571
• Gold up 0.05% to $1,323.35/oz
• £/$ – 1.6004
The FTSE 100 saw a modest rise yesterday in a volatile day’s trading. The index closed up 0.2% at 6,571.
Two newcomers to the index were the best performing stocks. Sports Direct saw the biggest rise, adding 2.2%, and Athens-based drinks bottler Coca Cola HBC gained 2.1%.
In Europe, the Paris CAC 40 rose 23 points to 4,195, and the German Xetra Dax was 29 points higher at 8,664.
In the US, the Dow Jones Industrial Average lost 0.4% to 15,334, the S&P 500 slipped 0.3% to 1,697, but the Nasdaq Composite rose 0.1% to 3,768.
Overnight in Asia, Japan’s Nikkei 225 fell 0.8% to 14,620 and the broader Topix index lost 0.3% to 1,211. And in China, the Shanghai Composite slipped 0.4% to 2,198, and the CSI 300 was 0.6% lower at 2 ,429.
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In the forex markets this morning, sterling was trading against the US dollar at 1.5986 and against the euro at 1.1858. The dollar was trading at 0.7418 against the euro and 98.59 against the Japanese yen.
And in the UK, credit card debt is on the rise for the first time in four years, according to the British Bankers’ Association. A total of £8.4bn was borrowed last month. Mortgage approvals were also up in August, at 38,228, the highest figures since December 2008.