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Investment Market Update

03 September 2018

World markets

FTSE 100 -1.1% 7432.42
FTSE 250 0.0% 20689.00
Euro Stoxx 600 -0.8% 382.26
S&P 500 0.0% 2901.52
Nikkei -0.6% 22724.38
Hang Seng (HK$) -0.8% 27654.57


Asian stocks declined, while the dollar held on to its recent rally as investors assessed the outlook for trade and whether volatility in some emerging markets can be contained.


US stocks closed flat as as jitters over ongoing trade talks between the United States and other major economies weighed, but gains in Apple and Amazon kept Nasdaq slightly higher.


UK shares fell over worries on trade, further US tariffs on Chinese goods, and emerging market woes. 


  • Shareholder payouts from firms listed on London's junior AIM market are set to soar past the £1billion mark in 2018 for the first time, new research shows. Dividends paid by UK companies listed on AIM are expected to reach £1.16billion this year, almost tripling since 2012.
  • Argentina is expected to announce a raft of spending cuts on Monday, in an attempt to contain the country's acute currency crisis. The peso has lost roughly half its value this year, despite the central bank's effort to stabilise it by raising a key interest rate to 60%.

Market data

UK (£)
FTSE 1007,432.42-1.1%-3.3%7.6%
FTSE 25020,689.000.0%-0.2%14.7%
FTSE All Share4,106.14-0.9%-2.7%9.0%
FTSE Small Cap5,837.32-0.3%-1.3%14.9%
St. James's Place1,131.500.0%-7.7%20.9%
Europe (€)
Euro Stoxx 600382.26-0.8%-1.8%7.7%
DAX 3012,364.06-1.0%-4.3%12.5%
CAC 405,406.85-1.3%1.8%9.3%
US (US$)
S&P 5002,901.520.0%8.5%19.4%
Dow Jones Ind25,964.82-0.1%5.0%25.1%
Hang Seng27,654.57-0.8%-7.6%38.5%
Nikkei 22522,724.38-0.6%-0.2%19.1%
Australia 2006,312.00-0.1%4.1%7.0%
MSCI AC Asia Pacific165.59-0.3%-4.7%28.7%
World (US$)
MSCI World (Developed)2,175.50-0.3%3.4%20.1%
MSCI AC World (Dev & Em)522.88-0.3%1.9%21.6%
MSCI Emerging Markets1,055.96-0.2%-8.8%34.2%
MSCI AC World Value217.35-0.3%-3.0%15.2%
MSCI AC World Growth295.61-0.2%6.8%28.3%
Fixed Income
FTSE Gilts All Stocks3,596.930.2%0.2%3.0%
FTSE Index Linked All Stocks638.370.1%-1.5%2.3%
ML Sterling Corporate Bonds396.780.1%-1.0%5.7%
ML Global High Yield Bonds376.25-0.1%-0.3%9.7%
Commodities (US$)
Brent Crude Oil77.64-0.5%21.3%14.5%
UK Sectors
Basic Materials5,896.52-1.6%-6.7%25.0%
Consumer Goods and Services20,154.63-1.0%-9.9%13.6%
Health Care10,760.66-1.4%13.1%-3.7%
Oil & Gas9,280.88-1.8%2.4%6.0%
$ per £1.300.4%-3.7%9.5%
€ per £1.12-0.1%-0.9%-4.0%
¥ per £144.700.5%-4.9%5.3%
VIX Index (Volatility)12.86-5.0%16.5%-21.4%
Baltic Dry Index1,579.00-2.2%15.6%42.1%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.80%
Consumer Price Index2.50%
Retail Price Index3.20%
Yields / Ratios
FTSE 100 Adj P/E12.33
FTSE All Share Adj P/E12.40
FTSE All Share Yld4.15%
15yr Gilt Yield1.57%
10yr Gilt Yield1.43%
10yr US Tres Yield2.86%

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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