• FTSE 100 down 0.1% to 6,815
• Gold up 0.01% to $1,292.75/oz
• £/$ – 1.6843
The FTSE 100 slipped back on Friday ahead of the long weekend, falling 0.1% to close at 6,815.
Associated British Foods was the day’s biggest faller, down 1.8%. Other poor performers included Burberry and BG Group, which each fell 1.7%.
In Europe yesterday, the Paris CAC 40 rose 33 points to 4,526, and the German Xetra Dax gained 124 points to 9,892.
In the US yesterday, the Dow Jones Industrial Average and the S&P 500 each rose 0.4% to 16,606 and 1,900 respectively, and the Nasdaq Composite was 0.8% higher at 4,185.
Overnight in Japan, the Nikkei 225 rose 0.2% to 14,636 and the broader Topix was flat at 1,195. And in China, the Shanghai Composite slipped 0.3% to 2,034, and the CSI 300 was 0.4% lower at 2,147.
In the forex markets this morning, sterling was trading against the US dollar at 1.6870 and against the euro at 1.2363. The dollar was trading at 0.7328 against the euro and 101.77 against the Japanese yen.
And in the UK, Lloyds Banking Group says it is to float 25% of its TSB business next month, Investors who subscribe will receive one free share for every 20 they buy. Under EU rules, Lloyds must sell its remaining stake by 2015.