Markets: FTSE 100 bounce continues
The FTSE 100 rose higher yesterday, adding 1.3% to close at 6,229.
- FTSE 100 up 1.3% to 6,229
- Gold down 1.22% to $1,107.83
- £/$ - 1.5368
Miners were once again among the highest climbers, with Anglo American up 5.5%, Glencore gaining 4.8% and BHP Billiton 3.7% higher. Hargreaves Lansdown was the day's standout performer rising 7% despite posting a 5% drop in profits.
In Europe's markets yesterday, the Paris CAC 40 rose 1.4% to 4,664, and the German Xetra Dax was 0.3% higher at 10,303.
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In the US, the Dow Jones Industrial Average lost 1.5% to 16,253, the S&P 500 fell 1.4% to 1,942, and the Nasdaq Composite was 1.2% lower at 4,756.
Overnight in Japan, the Nikkei 225 slid 2.5% to 18,299, and the broader Topix index lost 1.9% to 1,479. And in China, the CSI 300 fell 1.2% to 3,357, and the Shanghai Composite fell 1.4% to 3,197.
Brent spot was trading at $47.43 early today, and in New York, crude oil was at $44.17. Spot gold was trading at $1,107 an ounce, silver was at $14.72 and platinum was at $987.
In the forex markets this morning, sterling was trading against the US dollar at 1.5368 and against the euro at 1.3735. The dollar was trading at 0.8937 against the euro and 120.88 against the Japanese yen.
And in the UK, John Lewis reported a big fall in half-yearly profits, despite a rise in revenue. Pre-tax profits in the six months to 1 August fell by 26% to £96m, partly due to a £60m increase in pension costs. Revenue rose by 1.9% to £4.5bn. Sales at Waitrose, however, fell by 1.3% year-on-year, the first fall in seven years.
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