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Friday,13 November 2020 at 17:15

UK and European stocks closed mixed as investors generally struck a positive tone on the prospect of an effective coronavirus vaccine.

The dollar slipped as worries about the economic fallout from surging COVID-19 cases in the United States tempered initial enthusiasm about a possible vaccine.

Oil prices fell, pressured by fears about a slow recovery in the global economy and fuel demand due to rising coronavirus infections.

Gold held steady, with optimism over a COVID-19 vaccine countered by market concerns about its rollout.

In corporate news, Primark owner AB Foods was weaker as worries about the Covid-19 pandemic returned.

On the upside, banks were on the front foot, with Lloyds and NatWest both higher.

At the close
FTSE 100 6,316 (-0.36%)
FTSE 250 19,270 (-0.17%)
DAX 13,076 +0.18%
At 17:05
Dow Jones 29,352 +0.94%
S&P 500 3,566 +0.83%
NASDAQ 11,774 +0.56%
Fixed Income
UK 10-YR YIELD 0.34
Exchange Rates
GBP/USD 1.317
GBP/EUR 1.114
Gold $1,891 +0.76%
Brent $43.00 (-0.56%)
Important - No news or research item should be construed as a recommendation to trade. 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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