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FTSE seen making mild gains in quiet session

Monday, 17th July 2017
London stocks are poised to open with mild gains after rises in Asia this morning and following on from Friday's improvement on Wall St.

The corporate and economic diaries are largely bare, although Rightmove data out earlier this morning showed UK house prices were up 0.1% in July, from a 0.4% fall in June.

US & ASIA

On Wall St overnight on Friday, the Dow Jones Industrial Average rose 0.39% to 21,637.74, the S&P 500 gained 0.47% to 2459.27 and the Nasdaq Composite gained 0.61% to 6312.47.

In Asia this morning, the Nikkei 225 had improved 0.09% to 20,118.86, while the Hang Seng firmed 0.5826,542.00.

At 6.04am, WTI crude was ahead 0.32% to $46.69/bbl and Brent was up 0.39% to $49.10/bbl. Gold was up 0.17% to $1229.60/oz, with silver and copper also firming.

LONDON MARKETS

An interim result is due from Etalon, with Rio Tinto issuing a trading statement and Renewi holding a shareholder meeting.


Story provided by StockMarketWire.com


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