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.

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