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Tuesday,30 June 2020 at 16:05

The U.K. FTSE 100 closed lower whilst other European indices closed higher, wrapping up their best quarterly performance in five years.  

U.S. stocks traded higher with the final session of the month and quarter underway. 

Oil prices slipped amid rising COVID-19 cases and a possible return of Libyan oil production. 

Gold prices were higher as the precious metal was set for its biggest quarterly gain in more than four years. 

In corporate news, Smiths Group said it would cut jobs as part of a plan to reduce costs by £70m as the engineering company reported a slowdown in business because of Covid-19. 

Stelios Haji-Iaonnou's stake in easyJet has dropped below 30% meaning the tycoon is no longer classed as a controlling shareholder of the company he founded 25 years ago.

the close
FTSE 100 6,169 (-0.90%)
FTSE 250 17,119 (-0.46%)
DAX 12,310 +0.64%
Dow Jones 25,607 +0.05%
S&P 500 3,075 +0.73%
NASDAQ 9,993 +1.21%
Fixed Income
UK 10-YR YIELD 0.17
Exchange Rates
GBP/USD 1.236
GBP/EUR 1.100
Gold $1,783 +0.63%
Brent $41.56 (-0.29%)
This report has been prepared for private circulation. The inclusion of securities within this report does not necessarily imply their suitability for individual portfolios or situations in respect of which further advice should be sought. Information contained in this report has been compiled from sources believed to be reliable but is not warranted to be accurate or complete.
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