In London, the FTSE 100 fell slightly in early trading despite rising metal prices and the index fell by 26 points, or 0.39%, to 6,647.1.
Capita group made the biggest gains, rising 12.5 points, or 1.71%, to 744p. BHP Billiton made gains due to high raw materials prices, up 20 points, or 1.39%, to £14.57, closely followed by Morrison, up 4 points, or 1.33%, to 305.5p. International Power shares rose by 5.5 points, or 1.27%, to 438.25p, and Lloyds TSB shares added 6.5 points, 1.17%, 560p.
Early gains were offset by some significant losses and Schroders shares fell by 19 points, or 1.62%, to £11.52. Experian shares lost 10 points, or 1.58%, to 623.5p and Man Group followed with a loss of 8.5 points, or 1.38%, to 606.5p.
Trading on Wall Street was on hold yesterday due to Independence Day holidays.
In Tokyo, the Nikkei 225 Stock Average as exporter confidence improved after the yen slumped against the dollar, up 52.76, or 0.3 percent, to 18,221.48.
Sony’s shares made some impressive gains and jumped 150 yen, or 2.4%, to 6,460, and Honda shares rose by 30 yen, or 0.7%, to 4,580. Seven & I, Japan’s biggest retailer, saw shares jump 90 yen, or 2.6%, to 3,600, and Aeon Mall, a shopping centre operator, saw shares climb 100 yen, or 2.5%, to 4,070.
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