• FTSE 100 up 0.3% to 6,807
• Gold down 0.38% to $1,299.01/oz
• £/$ – 1.6944
The FTSE 100 was back on the rise yesterday. The index closed up0.3% at 6,807.
Vehicle and aircraft components company GKN was the day’s highest climber, up 6.7% after a 6% rise in half-yearly profits. Retailer Next gained 2.6% after an encouraging first half performance. Worst performer of the day was Easyjet, which fell 3%.
In Europe, the Paris CAC 40 rose 21 points to 4,365, and the German Xetra Dax added 55 points to 9,653.
In the US on Friday, the Dow Jones Industrial Average fell 0.4% to 16,912, the S&P 500 lost 0.5% to 1,969, and the Nasdaq Composite slipped 0.1% to 4,442.
Overnight in Japan, the Nikkei 225 rose 0.2% to 15,646, and the broader Topix index gained 0.1% to 1,292. And in China, the Shanghai Composite fell 0.1% to 2,181, and the CSI 300 was 0.4% lower at 2,322.
In the forex markets this morning, sterling was trading against the US dollar at 1.6934 and against the euro at 1.2631. The dollar was trading at 0.7459 against the euro and 102.15 against the Japanese yen.
And today, Barclays announced a profit of £161m in the second quarter of the year, compared with a loss of £168m in the same period last year. The figure is despite a provision of a further £900m to compensate customers for mis-sold payment protection insurance.