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Tuesday,21 June 2022 at 07:39

UK & European stocks opened higher, continuing a recovery seen at the start of the week.

Asia-Pacific markets were mostly buoyant while bitcoin continued to rise after a recent rebound.

Oil prices rose as the focus returned to tight supply of crude and fuel products versus concerns about a recession hitting demand down the track.

Gold prices edged higher as the dollar eased.

In corporate news, packaging business DS Smith posted significantly improved full-year profits on Tuesday despite experiencing "another year of volatile trading conditions".

DS Smith posted a 21% year-on-year improvement in reported revenues to £7.24bn, partly driven by price increases implemented to offset significant cost inflation. 

Markets
At 08:30
FTSE 100 7,145 +0.34%
FTSE 250 19,067 +0.29%
DAX 13,335 +0.53%
At the close
Dow Jones 29,888 (-0.00%)
S&P 500 3,674 +0.22%
NASDAQ 10,798 +1.43%
Fixed Income
UK 10-YR YIELD 2.587
Exchange Rates
GBP/USD 1.229
GBP/EUR 1.166
Commodities
Gold $1,833 (-0.29%)
Brent $114.92 +0.69%
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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