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Investment Market Update

01 May 2018

World markets

FTSE 100 0.1% 7509.30
FTSE 250 0.1% 20285.05
Euro Stoxx 600 0.2% 385.32
S&P 500 -0.8% 2648.05
Nikkei 0.2% 22503.43
Hang Seng (HK$) 0.0% 30808.45


Stocks in Australia and Japan traded mostly higher on Tuesday while many Asian markets were shut for a public holiday.


US stocks edged lower on Monday, as falling shares of healthcare companies and industrial stocks nearly dashed major indexes’ first month of gains since January.


UK Stocks closed marginally up on Monday as the Sainsbury-Asda merger news boosted the supermarket takeover rumour mill. Sainsbury's was the day’s biggest winner with shares rising 15%. 


  • The Trump administration has extended negotiations on steel and aluminium tariffs for 30 days with Canada, the EU and Mexico. It has also reached an agreement in principle with Argentina, Brazil and Australia.
  • Struggling floor covering chain Carpetright has warned it expects to make losses this year of between £7m-£9m, compared with a profit of £14.4m last year. It gave the warning on the day it asked shareholders to back a rescue plan, which includes closing 81 stores.

Market data

UK (£)
FTSE 1007,509.300.1%-2.3%7.6%
FTSE 25020,285.050.1%-2.1%14.7%
FTSE All Share4,127.680.1%-2.2%9.0%
FTSE Small Cap5,862.710.1%-0.8%14.9%
St. James's Place1,136.500.5%-7.3%20.9%
Europe (€)
Euro Stoxx 600385.320.2%-1.0%7.7%
DAX 3012,612.110.2%-2.4%12.5%
CAC 405,520.500.7%3.9%9.3%
US (US$)
S&P 5002,648.05-0.8%-1.0%19.4%
Dow Jones Ind24,163.15-0.6%-2.2%25.1%
Hang Seng30,808.450.0%3.0%38.5%
Nikkei 22522,503.430.2%-1.1%19.1%
Australia 2006,015.800.6%-0.8%7.0%
MSCI AC Asia Pacific174.170.5%0.2%28.7%
World (US$)
MSCI World (Developed)2,086.51-0.5%-0.8%20.1%
MSCI AC World (Dev & Em)509.69-0.3%-0.6%21.6%
MSCI Emerging Markets1,164.430.7%0.5%34.2%
MSCI AC World Value219.09-0.4%-2.2%15.2%
MSCI AC World Growth279.22-0.3%0.9%28.3%
Fixed Income
FTSE Gilts All Stocks3,562.160.3%-0.7%3.0%
FTSE Index Linked All Stocks630.360.9%-2.7%2.3%
ML Sterling Corporate Bonds395.320.3%-1.4%5.7%
ML Global High Yield Bonds376.760.0%-0.2%9.7%
Commodities (US$)
Brent Crude Oil74.691.2%14.1%14.5%
UK Sectors
Basic Materials6,193.89-1.2%-2.0%25.0%
Consumer Goods and Services19,906.940.1%-11.0%13.6%
Health Care9,921.37-0.1%4.3%-3.7%
Oil & Gas9,327.220.1%2.9%6.0%
$ per £1.380.1%2.0%9.5%
€ per £1.14-0.1%0.9%-4.0%
¥ per £150.290.1%-1.3%5.3%
VIX Index (Volatility)15.933.4%44.3%-21.4%
Baltic Dry Index1,341.00-1.5%-1.8%42.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.71%
Consumer Price Index2.50%
Retail Price Index3.30%
Yields / Ratios
FTSE 100 Adj P/E12.98
FTSE All Share Adj P/E13.38
FTSE All Share Yld3.96%
15yr Gilt Yield1.68%
10yr Gilt Yield1.42%
10yr US Tres Yield2.95%

Market prices will reflect the last closing prices with the exception of the Asian markets which may be still trading at the time the data is obtained. The data for these markets is therefore a snapshot of live trading data obtained between 06.45 and 07.15 GMT. Growth is shown cumulative and is not annualised. A positive currency movement indicates the £ appreciating against the other currency. Performance data does not account for the re-investment of dividends. This information has been reproduced by kind permission of Bloomberg and does not necessarily reflect the opinions of St. James's Place Wealth Management. St. James's Place considers the information to be reliable but it is not intended to provide a sufficient basis on which to make an investment decision.

Source: FTSE International Limited ("FTSE") © FTSE 2018. "FTSE®" is a trade mark of the London Stock Exchange Group companies and is used by FTSE International Limited under licence. All rights in the FTSE indices and/or FTSE ratings vest in FTSE and/or its licensors. Neither FTSE nor its licensors accept any liability for any errors or omissions in the FTSE indices and/or FTSE ratings or underlying data. No further distribution of FTSE Data is permitted without FTSE’s express written consent.

Source: MSCI. MSCI makes no express or implied warranties or representations and shall have no liability whatsoever with respect to any MSCI data contained herein. The MSCI data may not be further redistributed or used as a basis for other indices or any securities or financial products. This report is not approved, endorsed, reviewed or produced by MSCI. None of the MSCI data is intended to constitute investment advice or a recommendation to make (or refrain from making) any kind of investment decision and may not be relied on as such.

Some of the products and investment structures documented within this article will not be available to our clients in Asia. For information on the funds that are available please get in touch.


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