Investment Market Update
Asian stocks were mostly lower after the US launched missiles against Syria.
US stocks closed the day higher amid encouraging figures on the jobs market. New weekly US claims for jobless benefits fell to 234,000 from the previous week, down 25,000, the biggest weekly fall since April 2015.
UK stocks closed lower with embattled publisher Pearson facing new woes as its share price ended the day 6.7% lower.
- Samsung Electronics is on track to report record annual earnings, despite its de-facto boss going on trial in a political corruption scandal. It is forecasting a 48% rise in profits in the January-to-March period, thanks to strong memory chip sales.
- The government's flagship savings programme, the Lifetime ISA (LISA), has been snubbed by banks and building societies on the day it launches. None will offer LISAs immediately, saying they are either not ready or prefer the existing Help to Buy ISA.
|FTSE All Share||3,986.22||-0.3%||2.9%||12.5%|
|FTSE Small Cap||5,414.60||0.1%||5.3%||11.0%|
|St. James's Place||1,034.00||0.2%||4.0%||3.9%|
|Euro Stoxx 600||380.77||0.2%||5.4%||-1.2%|
|Dow Jones Ind||20,662.95||0.1%||4.6%||13.4%|
|MSCI AC Asia Pacific||146.23||-0.8%||8.3%||2.3%|
|MSCI World (Developed)||1,846.59||0.0%||5.4%||5.3%|
|MSCI AC World (Dev & Em)||447.59||0.0%||6.1%||5.6%|
|MSCI Emerging Markets||963.29||-0.6%||11.7%||8.6%|
|MSCI AC World Value||201.61||-0.1%||3.7%||9.5%|
|MSCI AC World Growth||234.24||0.0%||8.6%||1.8%|
|FTSE Gilts All Stocks||3,588.40||0.0%||1.8%||8.5%|
|FTSE Index Linked All Stocks||667.59||0.9%||4.8%||21.2%|
|ML Sterling Corporate Bonds||389.27||-0.1%||2.1%||10.7%|
|ML Global High Yield Bonds||353.62||0.0%||3.2%||15.0%|
|Brent Crude Oil||54.89||1.0%||-6.1%||23.4%|
|Consumer Goods and Services||21,979.93||0.1%||11.7%||9.6%|
|Oil & Gas||7,945.20||0.1%||-7.1%||54.2%|
|$ per £||1.24||-0.6%||0.5%||-16.3%|
|€ per £||1.15||-2.1%||-2.2%||-15.7%|
|¥ per £||137.86||-0.3%||-4.6%||-22.7%|
|VIX Index (Volatility)||12.39||-3.9%||-11.8%||-22.9%|
|Baltic Dry Index||1,215.00||-0.7%||26.4%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.34%|
|Consumer Price Index||2.30%|
|Retail Price Index||3.20%|
|Yields / Ratios|
|FTSE 100 Adj P/E||26.64|
|FTSE All Share Adj P/E||24.73|
|FTSE All Share Yld||3.91%|
|15yr Gilt Yield||1.46%|
|10yr Gilt Yield||1.10%|
|10yr US Tres Yield||2.34%|
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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