• FTSE 100 down three points to 6,788
• Gold down 0.24% to $1,304.02/oz
• £/$ – 1.6983
The FTSE 100 edged slightly lower yesterday slipping three points to close at 6,788.
Aberdeen Asset Management as the day’s biggest faller, down 5.3% after reporting a fall in the amount of money it manages. RBS was also out of favour, with a 3.4% fall.
In Europe, the Paris CAC 40 rose 14 points to 4,344, and the German Xetra Dax fell 46 points to 9,598.
In the US on Friday, the Dow Jones Industrial Average rose 0.1% to 16,982, the S&P 500 was unchanged at 1,978, and the Nasdaq Composite slipped 0.1% to 4,444.
Overnight in Japan, the Nikkei 225 rose 0.6% to 15,618, and the broader Topix index gained 0.3% to 1,290. And in China, the Shanghai Composite added 0.2% to 2,183, the CSI 300 was 0.3% higher at 2,331.
In the forex markets this morning, sterling was trading against the US dollar at 1.6979 and against the euro at 1.2638. The dollar was trading at 0.7442 against the euro and 101.92 against the Japanese yen.
And today, Next has raised its profit forecast for the second time in three months. The retailer now expects to make a pre-tax profit of between £775m and £815m. Sales in the 26 weeks to 26 July rose by 10.7%.