• FTSE 100 down 0.5% at 6,721
• Gold down 0.5% to $1,225.94/oz
• £/$ – 1.6448
The FTSE 100 fell back again yesterday, sliding 0.5% to close at 6,721.
Aberdeen Asset Management was the day’s worst performer, falling 3.6%. But financials stocks as a whole were in demand. RSA was the highest climber of the day, up 3%, and RBS, Lloyds and Standard Life added between 2.1% and 1.4%.
In Europe yesterday, the Paris CAC 40 slipped two points to 4,260, and the German Xetra Dax fell nine points to 9,497.
In the US, the Dow Jones Industrial Average fell 0.4% to 16,462, the S&P 500 was unchanged at 1,837, and the Nasdaq Composite was 0.3% higher at 4,165.
In Asia, the Nikkei 225 slid 1.5% to 15,880, and the broader Topix index fell 0.7% to 1,296. And in China, the Shanghai Composite lost 0.8% to 2,027, and the CSI 300 was 09% lower at 2,222.
In the forex markets this morning, sterling was trading against the US dollar at 1.6458 and against the euro at 1.2109. The dollar was trading at 0.7347 against the euro and 104.87 against the Japanese yen.
And in the UK, Marks & Spencer announced a 1.5% growth in total sales in the third quarter. However, like-for-like sales fell by 0.2%. Performance was worst among ‘general merchandise’ – clothing and homeware – where like-for-like sales slid by 2.1%. Food sales rose by 1.6%.
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