Markets: FTSE 100 slips back as commodity stocks drag

The FTSE 100 slipped back again yesterday, falling 0.2% to close at 6,810 as commodity stocks dragged the index down.

  • FTSE 100 down 0.2% to 6,810
  • Gold down 2.1% to $1,257.38/oz
  • £/$ - 1.5067

Precious metals miner Fresnillo was the day's biggest faller with a 5.2% fall, while Randgold Resources lost 3%. Royal Dutch Shell lost 4.9% after profits rose less than investors were expecting. BG Group and BP, meanwhile, each fell 1.9%.

Subscribe to MoneyWeek

Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

Get 6 issues free
https://cdn.mos.cms.futurecdn.net/flexiimages/mw70aro6gl1676370748.jpg

Sign up to Money Morning

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Don't miss the latest investment and personal finances news, market analysis, plus money-saving tips with our free twice-daily newsletter

Sign up
MoneyWeek

MoneyWeek is written by a team of experienced and award-winning journalists, plus expert columnists. As well as daily digital news and features, MoneyWeek also publishes a weekly magazine, covering investing and personal finance. From share tips, pensions, gold to practical investment tips - we provide a round-up to help you make money and keep it.