• FTSE 100 down 1%to 6,532
• Gold up 0.3% to $1,223.42/oz
• £/$ – 1.6391
The FTSE 100 was once again in the red yesterday, falling 1% to close at a seven-week low of 6,532.
Building materials supplier CRH was the day’s biggest faller as it tumbled 4.4%.Peers Travis Perkins and Wolseley were also out of favour, falling 3.3% and 3.2% respectively.
In Europe, the Paris CAC 40 fell 113 points to 4,172, and the German Xetra Dax slid 178 points to 9,223.
In the US, the Dow Jones Industrial Average lost 0.6% to 15,914, the S&P 500 fell 0.3% to 1,795, and the Nasdaq Composite was 0.2% lower at 4,037.
Overnight in Asia, Japan’s Nikkei 225 lost 2.2% to 15,407, and the broader Topix index fell 1.7% to 1,240. And in China, the Shanghai Composite and the CSI 300 each gained 1.3% to 2,251 and 2,475 respectively..
In the forex markets this morning, sterling was trading against the US dollar at 1.6373 and against the euro at 1.2047. The dollar was trading at 0.7357 against the euro and 102.68 against the Japanese yen.
And today, Tesco reported a fall in sales across all its markets. In the 13 weeks to 23 November, like-for-like sales fell by 1.5% in the UK and by 8.1% in Ireland. In Europe, sales fell by 4%, and in Asia it was 5.1%.
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