Markets remain volatile as FTSE 100 bounces back
The FTSE 100 bounced back yesterday, climbing 2.6% to close at 6,140.
- FTSE 100 up 2.6% to 6,140
- Gold down 0.97% to $1,311.79/oz
- £/$ 1.3344
Financial stocks were among the day's top performers. Hargreaves Lansdown led the index up with a gain of 8.9%, while Legal & General and Prudential added 7.9% and 7.7% respectively, and Lloyds Banking Group rose 7.4%.
In Europe, the Paris CAC 40 rose 1.5% to 4,088 and the German Xetra Dax added 1.9% to 9,447.
In the US yesterday, the Dow Jones Industrial Average rose 1.6% to 17,409, the S&P 500 added 1.8% to 2,036, and the Nasdaq Composite was 2.1% higher at 4,691.
Overnight in Japan, the Nikkei 225 rose 1.6% to 15,566 and the broader Topix index added 1.9% to 1,247. And in China, the CSI 300 gained 0.5% to 3,151 and the Shanghai Composite added 0.7% to 2,931.
In the forex markets this morning, sterling was trading against the US dollar at 1.3398 and against the euro at 1.2088. The dollar was trading at 0.9022 against the euro and 102.39 against the Japanese yen.
And in the UK today, house prices rose by 0.2% in June, according to the latest figures from Nationwide. Annual growth rose to 5.1%, up from 4.7% in May, with the average price of a home now standing at £204,968.