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Investment Market Update

06 March 2017

World markets

FTSE 100 -0.1% 7374.26
FTSE 250 -0.4% 18882.86
Euro Stoxx 600 -0.1% 375.23
S&P 500 0.1% 2383.12
Nikkei -0.5% 19379.14
Hang Seng (HK$) 0.3% 23622.03


Asian stocks were mixed as investors assessed statements from China’s National People’s Congress and Federal Reserve Chair Janet Yellen.


US stocks closed flat as investors digested a speech by US Federal Reserve chair Janet Yellen. Ms Yellen signalled that the Fed was likely to raise rates in March, a move which markets have increasingly been expecting.


UK stocks closed slightly lower on Friday. Advertising giant WPP was the biggest faller on the FTSE 100 on Friday after it gave a cautious outlook for the year ahead.


  • The French company that owns Peugeot and Citroen has struck a £1.9bn deal to buy General Motors' European unit, including Vauxhall. With GM's Opel and Vauxhall operations, PSA would become Europe's second largest carmaker, behind Volkswagen but overtaking Renault-Nissan.
  • Deutsche Bank plans to raise about £6.9bn by issuing new shares. The share sale by the German bank is part of a wider shake-up. The bank will partially float its asset management business and retain Postbank, the retail banking business it had been expected to sell.

Market data

UK (£)
FTSE 1007,374.26-0.1%3.2%14.4%
FTSE 25018,882.86-0.4%4.5%3.7%
FTSE All Share4,007.47-0.1%3.5%12.5%
FTSE Small Cap5,356.760.0%4.2%11.0%
St. James's Place1,080.00-0.2%6.5%3.9%
Europe (€)
Euro Stoxx 600375.23-0.1%3.8%-1.2%
DAX 3012,027.36-0.3%4.8%7.0%
CAC 404,995.130.6%2.7%4.9%
US (US$)
S&P 5002,383.120.1%6.4%9.5%
Dow Jones Ind21,005.710.0%6.3%13.4%
Hang Seng23,622.030.3%7.4%0.4%
Nikkei 22519,379.14-0.5%1.4%1.8%
Australia 2005,746.510.3%1.4%7.0%
MSCI AC Asia Pacific143.80-0.8%6.5%2.3%
World (US$)
MSCI World (Developed)1,848.980.0%5.6%5.3%
MSCI AC World (Dev & Em)446.45-0.1%5.8%5.6%
MSCI Emerging Markets931.07-0.6%8.0%8.6%
MSCI AC World Value202.940.0%4.4%9.5%
MSCI AC World Growth231.48-0.1%7.4%1.8%
Fixed Income
FTSE Gilts All Stocks3,547.340.0%0.6%8.5%
FTSE Index Linked All Stocks632.74-0.7%-0.6%21.2%
ML Sterling Corporate Bonds386.690.1%1.4%10.7%
ML Global High Yield Bonds352.700.0%3.0%15.0%
Commodities (US$)
Brent Crude Oil55.901.5%-3.7%23.4%
UK Sectors
Basic Materials5,580.430.0%10.5%93.9%
Consumer Goods and Services21,571.81-0.6%9.6%9.6%
Health Care10,599.130.5%7.3%5.8%
Oil & Gas8,013.800.2%-6.3%54.2%
$ per £1.240.9%0.5%-16.3%
€ per £1.182.0%0.6%-15.7%
¥ per £139.20-0.7%-3.7%-22.7%
VIX Index (Volatility)11.931.0%-15.0%-22.9%
Baltic Dry Index939.003.9%-2.3%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.35%
Consumer Price Index1.80%
Retail Price Index2.60%
Yields / Ratios
FTSE 100 Adj P/E27.12
FTSE All Share Adj P/E25.05
FTSE All Share Yld3.85%
15yr Gilt Yield1.55%
10yr Gilt Yield1.19%
10yr US Tres Yield2.48%

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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