Markets: miners continue to push FTSE 100 up
The FTSE 100 continued to climb yesterday, adding a further 0.2% to close at 6,336.
- FTSE 100 up 0.2% to 6,336
- Gold down 0.15% to $1,145.53
- £/$ - 1.5319
FTSE 100
Miners were once again the driving force, with Anglo American, Antofagasta, Rio Tinto, BHP Billiton, and Glencore up between 9.5% and 4.4%. Tesco gained 2.5%, despite posting a big fall in profits.
In Europe's markets yesterday, the Paris CAC 40 gained 0.1% to 4,667, and the German Xetra Dax was 0.7% higher at 9,970.
MoneyWeek
Subscribe to MoneyWeek today and get your first six magazine issues absolutely FREE

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
In the US, the Dow Jones Industrial Average rose 0.7% to 16,912, the S&P 500 added 0.8% to 1,995, and the Nasdaq Composite gained 0.9% to 4,791.
Overnight in Japan, the Nikkei 225 slid 1% to 18,141, and the broader Topix fell 0.8% to 1,481. China returned from its public holiday to see the CSI 300 rise 2.9% to 3,296, and the Shanghai Composite gain 3% to 3,143.
Brent spot was trading at $51.79 early today, and in New York, crude oil was at $48.11. Spot gold was trading at $1,144 an ounce, silver was at $15.69 and platinum was at $936.
In the forex markets this morning, sterling was trading against the US dollar at 1.5328 and against the euro at 1.3576. The dollar was trading at 0.8857 against the euro and 119.83 against the Japanese yen.
And in the UK, furniture retailer DFS reported a big rise in full-year profits. Pre-tax profits for the year to 1 August rose by 200% to £10.7m, up from £3.6m the previous year. Revenue rose by 7.5% to £706.1m
Get the latest financial news, insights and expert analysis from our award-winning MoneyWeek team, to help you understand what really matters when it comes to your finances.
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.
-
FCA car finance compensation: £700 each expected for 14 million drivers
Eligible motorists could begin getting a payout from next year under the financial watchdog’s planned car finance compensation scheme
-
Reeves warned against property tax shake-up – 3 ways it could backfire on first-time buyers
Rachel Reeves reportedly has her eye on high-end property taxes in the upcoming Budget, but there are concerns a shake-up could unintentionally hamper those trying to get on the housing ladder