• FTSE 100 down 0.2% to 6,498
• Gold down 1.5% to $1,225.17/oz
• £/$ – 1.6333
The FTSE 100 slipped further yesterday, closing down 0.2% at an eight-week low of 6,498.
Supermarkets were out of favour. Tesco lost 2%, while Morrison’s fell 1.1% and Sainsbury’s was 0.8% lower. The day’s biggest faller was oil services firm Petrofac, which lost 3.7%.
In Europe, the Paris CAC 40 fell 49 points to 4,099, and the German Xetra Dax slid 56 points to 9,084.
In the US, the Dow Jones Industrial Average and the S&P 500 each fell 0.4% to 15,821 and 1,785 respectively, and the Nasdaq Composite was 0.1% lower at 4,033.
Overnight in Asia, Japan’s Nikkei 225 rose 0.8% to 15,299, and the broader Topix index added 0.5% to 1,235. And in China, the Shanghai Composite fell 0.4% to 2,237, and the CSI 300 lost 0.6% to 2,452.
In the forex markets this morning, sterling was trading against the US dollar at 1.6341 and against the euro at 1.1966. The dollar was trading at 0.7322 against the euro and 102.14 against the Japanese yen.
And in the UK, house prices rose by 1.1% last month, and are up 7.7% on the previous year, according to the latest figures form the Halifax. The average price of a house in the UK now stands at £174,910.
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