Investment Market Update
Asian stocks increased and were led by Japanese and Hong Kong shares, supported by optimism about global growth and as the Chinese central bank’s weekend move to free up liquidity boosted mainland financial stocks.
US stocks closed higher as airline companies helped lift US markets on Tuesday, after Delta Air Lines reported that the hit from recent hurricanes would be lower than analysts had expected.
UK stocks increased on Tuesday as shares in plumbing supplies group Ferguson topped the FTSE 100 after it reported rising profits and announced a £500m share buyback.
- Tesco chief executive Dave Lewis has hailed "strong progress" at the supermarket as sales rose for the seventh quarter in a row. Like-for-like sales, which strip out new store openings, rose 2.1% in the second quarter. Pre-tax profit was also up, rising to £562m for the first half compared with £71m for the same period last year.
- Activity in the UK construction sector contracted for the first time in 13 months in September, according to a closely watched survey. The IHS Markit/CIPS purchasing managers' index for the sector fell to 48.1, below the 50 mark that separates growth from contraction.
|FTSE All Share||4,098.45||0.4%||5.8%||12.5%|
|FTSE Small Cap||5,764.35||0.0%||12.1%||11.0%|
|St. James's Place||1,131.00||-0.9%||15.3%||3.9%|
|Euro Stoxx 600||390.72||0.2%||8.1%||-1.2%|
|Dow Jones Ind||22,641.67||0.4%||14.6%||13.4%|
|MSCI AC Asia Pacific||162.59||0.8%||20.4%||2.3%|
|MSCI World (Developed)||2,009.63||0.2%||14.8%||5.3%|
|MSCI AC World (Dev & Em)||489.63||0.4%||16.1%||5.6%|
|MSCI Emerging Markets||1,097.03||1.3%||27.2%||8.6%|
|MSCI AC World Value||216.00||0.4%||11.1%||9.5%|
|MSCI AC World Growth||261.59||0.4%||21.3%||1.8%|
|FTSE Gilts All Stocks||3,521.34||-0.3%||-0.1%||8.5%|
|FTSE Index Linked All Stocks||629.52||-0.4%||-1.1%||21.2%|
|ML Sterling Corporate Bonds||393.36||-0.1%||3.2%||10.7%|
|ML Global High Yield Bonds||374.43||0.1%||9.3%||15.0%|
|Brent Crude Oil||56.00||-0.2%||-4.6%||23.4%|
|Consumer Goods and Services||21,688.26||0.0%||10.2%||9.6%|
|Oil & Gas||8,429.61||1.4%||-1.4%||54.2%|
|$ per £||1.33||0.2%||7.6%||-16.3%|
|€ per £||1.13||0.3%||-3.6%||-15.7%|
|¥ per £||149.57||0.1%||3.5%||-22.7%|
|VIX Index (Volatility)||9.51||0.6%||-32.3%||-22.9%|
|Baltic Dry Index||1,308.00||-1.5%||36.1%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.34%|
|Consumer Price Index||2.90%|
|Retail Price Index||3.90%|
|Yields / Ratios|
|FTSE 100 Adj P/E||22.30|
|FTSE All Share Adj P/E||21.55|
|FTSE All Share Yld||3.77%|
|15yr Gilt Yield||1.66%|
|10yr Gilt Yield||1.35%|
|10yr US Tres Yield||2.32%|
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.
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