Global markets roundup, 28 May

• FTSE 100 up 0.4% to 6,844

• Gold down 2.15% to $1,264.75/oz

• £/$ – 1.6810

The FTSE 100 returned form the long weekend in a positive mood, rising 0.4% to close at 6,844.

ARM Holdings was the day’s highest climber, up 4%. Other top performers included International consolidated Airlines, which added 3.6%, and Intercontinental Hotels, which rose 3.4%.

In Europe, the Paris CAC 40 rose three points to 4,529, and the German Xetra Dax gained 48 points to 9,940.

In the US, the Dow Jones Industrial Average rose 0.4% to 16,675, the S&P 500 added 0.6% to 1,911, and the Nasdaq Composite was 1.2% higher at 4,237.

Overnight in Japan, the Nikkei 225 rose 0.2% to 14,670 and the broader Topix gained 0.3% to 1,198. And in China, the Shanghai Composite added 0.8% to 2,050, and the CSI 300 was 1% higher at 2,169.

Brent spot was trading at $110.30 early today, and in New York, crude oil was at $104.22. Spot gold was trading at $1,265 an ounce, silver was at $19.07 and platinum was at $1,458.

In the forex markets this morning, sterling was trading against the US dollar at 1.6772 and against the euro at 1.2310. The dollar was trading at 0.7339 against the euro and 101.85 against the Japanese yen.

And in the UK, Nationwide Building Society reported a 303% rise in profits in the last year. The mutual made £677 in the year to 4 April, up from £168m the previous year. Its share of the current account market grew from 5.7% to 6.2% after customers opened 430,000 new accounts. Mortgage lending rose by 31% to £28.1bn, up from £21.5bn the year before.

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