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Investment Market Update

04 July 2017

World markets

FTSE 100 0.9% 7377.09
FTSE 250 -0.1% 19320.43
Euro Stoxx 600 1.1% 383.41
S&P 500 0.2% 2429.01
Nikkei -0.2% 20009.70
Hang Seng (HK$) -1.5% 25390.17


Asian stock markets are mostly lower, although Australian shares rallied after the country's central bank left its benchmark interest rate unchanged at a record low. 


US stocks closed just short of fresh record highs for the Dow Jones and S&P, while continuing falls in tech stocks helped to drag the Nasdaq lower. Trading volumes were low ahead of the Independence Day holiday.


UK stocks ended up, having fallen for most of last week. Mining companies helped to lift the FTSE 100, with Glencore and Anglo American closing over 5% and 4% higher respectively. 


  • Apple Inc. is working on a feature that will let you unlock your iPhone using your face instead of a fingerprint. For its redesigned iPhone, set to go on sale later this year, Apple is testing an improved security system that allows users to log in, authenticate payments, and launch secure apps by scanning their face.
  • OPEC’s crude production rose to the highest this year in June as member nations exempt from output curbs pumped more. Members of the Organization of Petroleum Exporting Countries boosted their output by 260,000 barrels a day compared with May.

Market data

UK (£)
FTSE 1007,377.090.9%3.3%14.4%
FTSE 25019,320.43-0.1%6.9%3.7%
FTSE All Share4,029.700.7%4.0%12.5%
FTSE Small Cap5,589.550.1%8.7%11.0%
St. James's Place1,195.001.1%20.2%3.9%
Europe (€)
Euro Stoxx 600383.411.1%6.1%-1.2%
DAX 3012,475.311.2%8.7%7.0%
CAC 405,195.721.5%6.9%4.9%
US (US$)
S&P 5002,429.010.2%8.5%9.5%
Dow Jones Ind21,479.270.6%8.7%13.4%
Hang Seng25,390.17-1.5%15.4%0.4%
Nikkei 22520,009.70-0.2%4.7%1.8%
Australia 2005,776.401.6%2.0%7.0%
MSCI AC Asia Pacific154.14-0.3%14.1%2.3%
World (US$)
MSCI World (Developed)1,920.580.2%9.7%5.3%
MSCI AC World (Dev & Em)466.160.2%10.5%5.6%
MSCI Emerging Markets1,014.240.3%17.6%8.6%
MSCI AC World Value207.900.6%7.0%9.5%
MSCI AC World Growth246.41-0.1%14.3%1.8%
Fixed Income
FTSE Gilts All Stocks3,529.30-0.2%0.1%8.5%
FTSE Index Linked All Stocks631.34-0.1%-0.8%21.2%
ML Sterling Corporate Bonds391.40-0.1%2.7%10.7%
ML Global High Yield Bonds364.110.0%6.3%15.0%
Commodities (US$)
Brent Crude Oil49.681.9%-15.6%23.4%
UK Sectors
Basic Materials5,228.013.0%3.5%93.9%
Consumer Goods and Services22,027.670.1%11.9%9.6%
Health Care10,406.850.0%5.4%5.8%
Oil & Gas7,663.701.9%-10.3%54.2%
$ per £1.300.5%5.6%-16.3%
€ per £1.14-0.1%-2.8%-15.7%
¥ per £146.39-0.4%1.3%-22.7%
VIX Index (Volatility)11.220.4%-20.1%-22.9%
Baltic Dry Index882.00-2.1%-8.2%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.31%
Consumer Price Index2.90%
Retail Price Index3.70%
Yields / Ratios
FTSE 100 Adj P/E24.71
FTSE All Share Adj P/E23.23
FTSE All Share Yld3.83%
15yr Gilt Yield1.62%
10yr Gilt Yield1.26%
10yr US Tres Yield2.35%

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 2017. "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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