• FTSE 100 down 0.3% to 6,755
• Gold down 0.4% to $1,271.88/oz
• £/$ – 1.6984
The FTSE 100 fell in yesterday’s trading to close 0.3% lower at 6,755.
Miners and oilers were the day’s highest climbers owing to higher commodity prices. Mining giant Fresnillo led the index with a gain of 1.9%, while its peer, Glencore, added 1.4% and Randgold Resources 1.1%. Tullow oil ended the day 1.8% higher, and Petrofac gained 0.9%.
London Stock Exchange and BT Group were the biggest losers, both falling 2.4%.
In Europe, the Paris CAC 40 fell 33 points to 4,510, and the German Xetra Dax dropped 29 points to 9,884.
In the US, the Dow Jones Industrial Average edged just 0.03% higher to 16,781, the S&P 500 gained 0.1% to 1,938, and the Nasdaq Composite was 0.2% higher at 4,321.
Overnight in Asia, Japan’s Nikkei 225 rose 0.3% to 14,976, as did the broader Topix index to 1,238. And in China, the Shanghai Composite slid 0.9% to 2,067, and the CSI 300 fell 1% to 2,170.
In the forex markets this morning, sterling was trading against the US dollar at 1.6977 and against the euro at 1.2521. The dollar was trading at 0.7375 against the euro and 102.00 against the Japanese yen.
And in the UK, the buoyant housing market has seen profits soar 37% to £38.4m at Crest Nicholson for the six months to the end of April. Revenue rose 26% to £241.1m, and the housebuilder announced it would issue shareholders with an interim dividend.• This article is taken from our free daily investment email, Money Morning. Sign up to Money Morning here.