6.15pm Markets Update

Updated: Wednesday 07 October 2015 18.17

European shares ended slightly higher today, giving up earlier gains as a three-day rally appeared to lose momentum, but gains among miners and autos offset a decline in airline stocks.

In London the FTSE gained 0.16% to close on 6,336.

In the eurozone, the French CAC rose 0.14% to 4,667, and in Frankfurt the DAX gained 0.74% to 9,990.

Dublin’s ISEQ ended the day down 1.7% on 6,180. C&C and Donegal Investment were among the few shares that rose in value, while Ryanair and Paddy Power both dropped in value.

In the US, Wall Street turned negative in late morning trading after begin ahead early, with tech stocks, led by Apple, while a rally in crude oil prices was checked.

Shortly after 6pm the Dow Jones was up 0.13% at 16,811, and the Nasdaq had gained 0.08% to 4,752.

Hopes that a global oil glut could be easing sent energy firms soaring in Hong Kong in earlier trade today, helping the Hang Seng index jump 684 points (3.1%) to close at 22,516. Tokyo's Nikkei index closed 137 points (0.75%) higher at 18,323 after the Bank of Japan held off on expanding its stimulus measures.