• FTSE 100 unchanged at 6, 605
• Gold down 0.51% to $1,304.47/oz
• £/$ – 1.6583
There was virtually no change in the FTSE 100 yesterday. The index closed up just 0.4 points at 6,605.
Financial stocks were the day’s best performers. Standard Life topped the index with a 7% rise. Hargreaves Lansdown added 5.3% and RSA Insurance, Aberdeen Asset Management and Legal & General rose between 3.9% and 2.5%. At the other end of the table, however, Lloyds slid 4.9% and Barclays lost 1.5%.
In Europe yesterday, the Paris CAC 40 rose 41 points to 4,385 and the German Xetra Dax gained 110 points to 9,448.
In the US, the Dow Jones Industrial Average fell 0.6% to 16,268, the S&P 500 lost 0.7% to 1,852, and the Nasdaq Composite slid 1.4% to 4,173.
Overnight in Japan, the Nikkei 225 rose 1% to 14,622, and the broader Topix added 0.4% to 1,176. And in China, the Shanghai Composite fell 0.8% to 2,046, and the CSI 300 lost 0.7% to 2,155.
In the forex markets this morning, sterling was trading against the US dollar at 1.6570 and against the euro at 1.2040. The dollar was trading at 0.7266 against the euro and 102.07 against the Japanese yen.
And in the UK, the pace of the country’s economic recovery is slowing, according to the Confederation of British Industry (CBI). Its growth indicator showed that growth slowed in March after setting a record in February. But the CBI said growth remains strong, and it expects “further increases in business and consumer confidence”.