Global markets roundup, 28 August

• FTSE 100 up 0.1% to 6,831
• Gold up 0.1% to $1,282.60/oz
• £/$ – 1.6576

The FTSE 100 edged just eight points higher on Wednesday to close at 6,831.

It was a mixed day for supermarkets. Morrisons climbed 1.4%, but Sainsbury’s suffered the biggest sell-off, falling 2.6%.

Energy company Petrofac was the highest riser, gaining 2.3%, while mining giant Fresnillo added 1.8%.

In Europe, the Paris CAC 40 rose just two points to 4,395, but the German Xetra Dax fell 18 points to 9,570

In the US, the Dow Jones Industrial Average rose 0.1% to 17,122, the S&P 500 was flat at 2,000, and the Nasdaq Composite edged slightly lower to 4,569.

Overnight in Asia, Japan’s Nikkei 225 fell 0.5% to 15,460, and the broader Topix index lost 0.4% to 1,281. And in China, the Shanghai Composite fell 0.6% to 2,196, and the CSI 300 slid 0.7% to 2,311.

Brent spot was trading at $102.59 early today, and in New York, crude oil was at $93.56. Spot gold was trading at $1,288 an ounce, silver was at $19.76 and platinum was at $1,423.

In the forex markets this morning, sterling was trading against the US dollar at 1.6588 and against the euro at 1.2562. The dollar was trading at 0.7573 against the euro and 103.78 against the Japanese yen.

And in the UK, shares in chip-maker CSR have soared by over 25% this morning. The company that pioneered Bluetooth technology announced it had received offers to be bought out. The share-price rise is the biggest intra-day gain since July 2012.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
Heading higher?

Or are house prices set to fall?

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

'Would you rather upset God, or have Him just ignore you?'

In the first of three interviews with Merryn Somerset Webb, Hugh Hendry, manager of the Eclectica Fund, talks about what it takes to be a good hedge fund manager – and how he learned to stop worrying and love central banks.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


24 November 1972: the 'DB Cooper' hijacking

Today in 1972, a man calling himself Dan Cooper parachuted from a hijacked Northwest Airlines Boeing 727 with $200,000 in cash. He has never been found.