Global markets roundup,

• FTSE 100 up 0.7% to 6,865

• Gold down 0.55% to $1,319.53/oz

• £/$ – 1.7155

The FTSE 100 rose further yesterday, adding another 0.7% to close at 6,865.

Retailer Sports Direct was the day’s highest climber, rising 5.6% after shareholders finally approved its bonus scheme.

In Europe, the Paris CAC 40 rose 45 points to 4,489, and the German Xetra Dax added 118 points to 10,029.

In the US yesterday, the Dow Jones Industrial Average rose 0.5% to 17,068, while the S&P 500 and the Nasdaq Composite each added 0.6% to 1,985 and 4,485 respectively.

Overnight in Japan, the Nikkei 225 gained 0.6% to 15,437, and the broader Topix rose 0.5% to 1,285. And in China, the Shanghai Composite fell 0.2% to 2,059, and the CSI 300 was 0.1% lower at 2,178.

Brent spot was trading at $110.98 early today, and in New York, crude oil was at $103.96. Spot gold was trading at $1,322 an ounce, silver was at $21.14 and platinum was at $1,495.

In the forex markets this morning, sterling was trading against the US dollar at 1.7153 and against the euro at 1.2619. The dollar was trading at 0.7356 against the euro and 101.99 against the Japanese yen.

And in the UK, government contractor Serco has lost the franchise to run London’s  Docklands Light Railway to French firm Keolis, which is majority owned by SNCF, France’s state railway operator. The DLR contributed £90m in revenue to Serco in 2013, about 2% of the company’s total.

• Stay up to date with MoneyWeek: Follow us on TwitterFacebook and Google+

MoneyWeek magazine

Latest issue:

Magazine cover
The hunt for water

The most valuable commodity

The UK's best-selling financial magazine. Take a FREE trial today.
Claim 4 FREE Issues

Bill Bonner: hold on to your cash, the real financial crisis is yet to come

Merryn Somerset Webb talks to Bill Bonner about economic cycles, and the 'catastrophic credit crisis' that will make 2008 look like a picnic.


Which investment platform?

When it comes to buying shares and funds, there are several investment platforms and brokers to choose from. They all offer various fee structures to suit individual investing habits.
Find out which one is best for you.


4 March 1890: The Forth Bridge is opened


The Prince of Wales, later Edward VII, opened the longest bridge in the world – the Forth Bridge, nine miles west of Edinburgh, on this day in 1890.