Markets: FTSE 100 virtually unchanged
The FTSE 100 ended the week on a flat note on Friday, rising just three points to close at 6,710.
- FTSE 100 up three points to 6,710
- Gold down 0.47% to $1,196.23
- £/$ - 1.5883
Travel company TUI was the day's highest climber, up 2.9%. Other top performers included, ARM Holdings, which rose 2.7%, and Hikma Pharmaceuticals, which added 2.7%.
In Europe's markets yesterday, the Paris CAC 40 rose 0.2% to 4,815, and the German Xetra Dax slipped 0.5% to 11,040.
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In the US, the Dow Jones Industrial Average fell 0.6% to 18,015, the S&P 500 lost 0.5% to 2,109, and the Nasdaq Composite was 0.3% lower at 5,117.
Overnight in Japan, the Nikkei 225 rose 1.3% to 20,428, and the broader Topix index was 1.1% higher at 1,648. In China, markets were closed for a public holiday.
Brent spot was trading at $63.60 early today, and in New York, crude oil was at $60.28. Spot gold was trading at $1,196 an ounce, silver was at $16.11, and platinum was at $1,073.
In the forex markets this morning, sterling was trading against the US dollar at 1.5864 and against the euro at 1.3987. The dollar was trading at 0.8817 against the euro and 123.09 against the Japanese yen.
And in the UK, Canadian investor Borealis is said to be considering a £5bn bid for British utility company Severn Trent, according to a report in the Sunday Times. Borealis, the investment arm of the Ontario Municipal Employees Retirement System, had bid for Severn Trent two years ago, but it was rejected as it "failed to recognise the existing and potential value of the business".
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