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Investment Market Update

07 November 2018

World markets

FTSE 100 -0.9% 7040.68
FTSE 250 -0.1% 19043.65
Euro Stoxx 600 -0.3% 362.55
S&P 500 0.6% 2755.45
Nikkei -0.3% 22085.80
Hang Seng (HK$) -0.1% 26088.78


Asian stocks surrendered gains as investors mulled any implications for markets from American midterm election results that showed the anticipated split in Congress.


US stocks rose after a quiet session on Tuesday as investors awaited returns in US congressional elections that are seen as a referendum on President Donald Trump.


UK stocks drifted lower on Tuesday as investors around the global braced for the outcome of US congressional elections.


  • Marks and Spencer has reported falling clothing and food sales and has warned that it sees little improvement in sales this year. M&S warned trading conditions for the remainder of the financial year will remain "challenging".
  • Prime Minster Theresa May has formed five new business councils to advise on how to create the best business conditions in the UK after Brexit. They will provide advice and policy recommendations on big business issues.

Market data

UK (£)
FTSE 1007,040.68-0.9%-8.4%7.6%
FTSE 25019,043.65-0.1%-8.1%14.7%
FTSE All Share3,870.42-0.8%-8.3%9.0%
FTSE Small Cap5,472.95-0.8%-7.4%14.9%
St. James's Place1,022.500.7%-16.6%20.9%
Europe (€)
Euro Stoxx 600362.55-0.3%-6.8%7.7%
DAX 3011,484.34-0.1%-11.1%12.5%
CAC 405,075.19-0.5%-4.5%9.3%
US (US$)
S&P 5002,755.450.6%3.1%19.4%
Dow Jones Ind25,635.010.7%3.7%25.1%
Hang Seng26,088.78-0.1%-12.8%38.5%
Nikkei 22522,085.80-0.3%-3.0%19.1%
Australia 2005,896.870.4%-2.8%7.0%
MSCI AC Asia Pacific152.810.7%-12.1%28.7%
World (US$)
MSCI World (Developed)2,050.650.5%-2.5%20.1%
MSCI AC World (Dev & Em)492.700.4%-4.0%21.6%
MSCI Emerging Markets992.270.0%-14.3%34.2%
MSCI AC World Value210.470.4%-6.0%15.2%
MSCI AC World Growth271.320.4%-2.0%28.3%
Fixed Income
FTSE Gilts All Stocks3,544.38-0.4%-1.2%3.0%
FTSE Index Linked All Stocks639.02-0.3%-1.4%2.3%
ML Sterling Corporate Bonds392.79-0.2%-2.0%5.7%
ML Global High Yield Bonds374.760.1%-0.7%9.7%
Commodities (US$)
Brent Crude Oil72.13-1.4%13.9%14.5%
UK Sectors
Basic Materials5,930.08-1.5%-6.1%25.0%
Consumer Goods and Services19,078.08-0.5%-14.7%13.6%
Health Care10,431.02-0.8%9.6%-3.7%
Oil & Gas9,007.49-0.8%-0.6%6.0%
$ per £1.30-0.5%-3.7%9.5%
€ per £1.14-0.4%1.5%-4.0%
¥ per £147.32-0.8%-3.2%5.3%
VIX Index (Volatility)19.91-0.3%80.3%-21.4%
Baltic Dry Index1,395.00-2.3%2.1%42.1%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.84%
Consumer Price Index2.40%
Retail Price Index3.30%
Yields / Ratios
FTSE 100 Adj P/E11.60
FTSE All Share Adj P/E10.72
FTSE All Share Yld4.41%
15yr Gilt Yield1.71%
10yr Gilt Yield1.54%
10yr US Tres Yield3.23%

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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