Global markets roundup, 28 April

• FTSE 100 down 0.3% to 6,685

• Gold up 0.76% to $1303.20/oz

• £/$ – 1.6803

The FTSE 100 ended the week on a low note on Friday, slipping 0.3% to close at 6,685.

Hargreaves Lansdown was the day’s biggest faller, down 3.5%. Other big fallers included International Consolidated Airlines, which lost 3.2%, and Tullow Oil, which was 2.5% lower. Topping the index was publisher Pearson, which added 3.8%.

In Europe on Thursday, the Paris CAC 40 fell 36 points to 4,443 and the German Xetra Dax lost 141 points to 9,401.

In the US yesterday, the Dow Jones Industrial Average slid 0.9% to 16,361, the S&P 500 fell 0.8% to 1,863, and the Nasdaq Composite was 1.8% lower at 4,075.

Overnight in Japan, the Nikkei 225 shed 1% to 14,288, and the broader Topix index fell 0.8% to 1,160. And in China, the Shanghai Composite lost 1.6% to 2,003, and the CSI 300 was 1.5% lower at 2,134.

Brent spot was trading at $110.03 early today, and in New York, crude oil was at $101.37. Spot gold was trading at $1,304 an ounce, silver was at $19.62 and platinum was at $1,426.

In the forex markets this morning, sterling was trading against the US dollar at 1.6842 and against the euro at 1.2142. The dollar was trading at 0.7209 against the euro and 102.19 against the Japanese yen.

And in the UK, property asking prices rose by 0.6% in April, according to the latest data from Hometrack. Prices rose most in London, at 0.8%. The average time a property spends on the market is just over six weeks, with buyers paying an average of 97% of the asking price.

Merryn

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