Markets: FTSE 100 slips further after Greek ‘no’

published 7 July 2015

FTSE 100 down 0.8% to 6,535
Gold up 0.16% to $1,170.35
£/$ - 1.5605

Rolls Royce was the day's biggest faller, down 6.3% after issuing its third profits warning in a year. RBS was 3.6% lower, while fund manager Schroders lost 3.6%, and Hargreaves Lansdown fell 2.3%.

In Europe's markets yesterday, the Paris CAC 40 fell 2% to 4,711, and the German Xetra Dax was 1.5% lower at 10,890.

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In the US, the Dow Jones Industrial Average fell 0.3% to 17,688, the S&P 500 lost 0.4% to 2,068, and the Nasdaq Composite was 0.3% lower at 4,991.

Overnight in Japan, the Nikkei 225 rose 1.3% to 20,376, and the broader Topix index added 1% to 1,637. And in China, the CSI 300 fell 1.8% to 3,928, and the Shanghai Composite lost 1.3% to 3,727.

Brent spot was trading at $57.06 early today, and in New York, crude oil was at $52.96. Spot gold was trading at $1,167 an ounce, silver was at $15.64 and platinum was at $1,060.

In the forex markets this morning, sterling was trading against the US dollar at 1.5544 and against the euro at 1.4116. The dollar was trading at 0.9081 against the euro and 122.74 against the Japanese yen.

And in the UK, Marks & Spencer reported a 0.4% all in like-for like non-food sales for the last quarter better than the 1% fall expected by analysts. Like-for-like food sales rose by 0.3%, while total food sales were up by 3.2%. Shares were up slightly in today's early trading.