• FTSE 100 up 0.3% to 6,507
• Gold up 0.02% to $1,272.39/oz
• £/$ – 1.5983
The FTSE 100 added to Friday’s gains yesterday, climbing a further 0.3% to close at 6,507.
Chemicals company Johnson Matthey was the day’s highest climber, up 5.9%. And Travis Perkins was once again one of the day’s best performances with a rise of 5.1%.
In Europe, the Paris CAC 40 rose three points to 4,222, and the German Xetra Dax slipped one point to 8,723.
In the US, the Dow Jones Industrial Average and the S&P 500 each gained 0.4% to 15,301, and 3,815 respectively, and the Nasdaq Composite rose 0.6% to 3,815.
Overnight in Asia, Japan’s Nikkei 225 rose 0.3% to 14,441, and the broader Topix index was flat at 1,197. And in China, the Shanghai Composite and the CSI 300 each slipped 0.2% to 2,233 and 2,467 respectively.
In the forex markets this morning, sterling was trading against the US dollar at 1.5984 and against the euro at 1.1786. The dollar was trading at 0.7373 against the euro and 98.41 against the Japanese yen.
And in the UK, housebuilder Bellway reported a 37% rise in profits, as the government’s Help To Buy scheme buoyed the housing market. The company made £1068.6m in the y ear to the end of July, up from £79.3m the previous year.• This article is taken from our free daily investment email, Money Morning. Sign up to Money Morning here.