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Investment Market Update

08 May 2017

World markets

FTSE 100 0.7% 7297.43
FTSE 250 0.1% 19699.61
Euro Stoxx 600 0.7% 394.54
S&P 500 0.4% 2399.29
Nikkei 2.5% 19925.72
Hang Seng (HK$) 0.6% 24613.04


Asian stocks outside of China climbed, with Japanese shares rallying after a three-day holiday, amid optimism on improving global growth following Emmanuel Macron’s victory as France’s next president.


Wall Street markets closed the week on an upbeat note, after a strong US jobs report pointed to further economic growth ahead.


UK stocks closed the week strongly as Pearson gained more than 12% after announcing plans to cut costs by 2019. IAG shares gained more than 5% after reported record first-quarter profits.


  • Saudi Arabia's oil minister said he's confident that an agreement by producers to curb output will be extended into the second half of the year.
  • Emmanuel Macron pledged to unite France’s rifts after his victory over Marine Le Pen in the presidential election, saying that he’ll work to address the concerns that were exposed during one of the most divisive campaigns of recent history.

Market data

UK (£)
FTSE 1007,297.430.70%2.20%14.43%
FTSE 25019,699.610.10%9.00%3.71%
FTSE All Share4,006.840.60%3.40%12.45%
FTSE Small Cap5,552.390.50%8.00%10.97%
St. James's Place1,169.000.90%17.60%3.85%
Europe (€)
Euro Stoxx 600394.540.70%9.20%-1.20%
DAX 3012,716.890.50%10.80%7.02%
CAC 405,432.401.10%11.70%4.86%
US (US$)
S&P 5002,399.290.40%7.20%9.54%
Dow Jones Ind21,006.940.30%6.30%13.42%
Hang Seng24,613.040.60%11.90%0.39%
Nikkei 22519,925.722.50%4.20%1.84%
Australia 2005,864.900.50%3.50%6.98%
MSCI AC Asia Pacific148.594-0.30%10.00%2.34%
World (US$)
MSCI World (Developed)1,896.750.50%8.30%5.32%
MSCI AC World (Dev & Em)459.1710.50%8.80%5.63%
MSCI Emerging Markets978.273-0.20%13.50%8.58%
MSCI AC World Value204.7770.50%5.40%9.50%
MSCI AC World Growth242.7170.50%12.60%1.81%
Fixed Income
FTSE Gilts All Stocks3,562.49-0.10%1.10%8.51%
FTSE Index Linked All Stocks641.21-0.60%0.70%21.23%
ML Sterling Corporate Bonds390.919-0.10%2.50%10.75%
ML Global High Yield Bonds358.8890.00%4.80%15.01%
Commodities (US$)
Brent Crude Oil49.11.50%-16.40%23.39%
UK Sectors
Basic Materials4,990.362.70%-1.20%93.91%
Consumer Goods and Services21,951.170.30%11.50%9.56%
Health Care10,187.33-0.10%3.10%5.83%
Oil & Gas7,702.402.00%-9.90%54.21%
$ per £1.2921-0.50%4.70%-16.25%
€ per £1.1775-0.20%0.40%-15.73%
¥ per £145.407-0.70%0.60%-22.69%
VIX Index (Volatility)10.571.10%-24.70%-22.90%
Baltic Dry Index994.00-1.00%3.40%101.05%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.32%
Consumer Price Index2.30%
Retail Price Index3.10%
Yields / Ratios
FTSE 100 Adj P/E24.50304
FTSE All Share Adj P/E23.27546
FTSE All Share Yld3.86%
15yr Gilt Yield1.53%
10yr Gilt Yield1.12%
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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