Markets: FTSE 100 halts its decline
The FTSE 100 paused its decline yesterday, clawing back 0.3% to close at 6,297.
- FTSE 100 up 0.3% to 6,297
- Gold down 0.3% to 1,086.32/oz
- £/$ - 1.5213
FTSE 100
Wealth manager St James's Place was the highest climber of the day, rising 2.5%. Theme park operator Merlin Entertainments was also up 2.5%, and Experian gained 2.3%. Sainsbury's was the day's biggest faller, down 7.1% after posting another disappointing set of figures.
In Europe, the Paris CAC 40 rose 0.8% to 4,952, and the German Xetra Dax was 0.7% higher at 10,907.
Subscribe to 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 and the S&P 500 each fell 0.3% to 17,702 and 2,075 respectively, and the Nasdaq Composite fell 0.3% to 5,067.
Overnight in Japan, the Nikkei 225 gained six points to 19,697, and the broader Topix index slipped 0.1% to 1,593. And in China, the CSI 300 fell 1% to 3,795, and the Shanghai Composite was 0.5% lower at 3,632.
Brent spot was trading at $45.78 early today, and in New York, crude oil was at $43.01. Spot gold was trading at $1,087 an ounce, silver was at $14.39 and platinum was at $880.
In the forex markets this morning, sterling was trading against the US dollar at 1.5179 and against the euro at 1.4185. The dollar was trading at 0.9345 against the euro and 122.98 against the Japanese yen.
And today, Burberry saw sales rise in the third quarter, leading first-half profits to beat expectations. Pre-tax profit in the six months to the end of September rose by 3% to £152.9m analysts had been expecting in the region of £144m. Revenue was unchanged at £1.1bn.
Sign up for MoneyWeek's newsletters
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.
-
Are Premium Bonds worth it? Two-thirds of holders have never won a prize
More than 14 million Premium Bonds holders have never won despite increases in the number of prizes worth £50 and £100
By Laura Miller
-
Why did Labour take over British Steel – was it a good idea?
The government has stepped in to take control, not ownership, of British Steel, citing national security and other factors. But does that make sense?
By Simon Wilson