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Investment Market Update

13 March 2017

World markets

FTSE 100 0.4% 7343.08
FTSE 250 0.4% 18961.42
Euro Stoxx 600 0.1% 373.23
S&P 500 0.3% 2372.60
Nikkei 0.1% 19633.75
Hang Seng (HK$) 1.2% 23841.69


Asian stocks rose as Chinese shares surged in Hong Kong and a positive US jobs report helped investors position for a week of central bank policy decisions. The dollar weakened and oil fell for a sixth day in a row.


US stocks closed higher on Friday as strong jobs figures raised the odds of a rate rise next week. US employers added 235,000 jobs in February, exceeding forecasts of about 200,000.


UK stocks closed 0.4% higher, led by BT after they confirmed it would legally seperate Openreach. 


  • Mobile phone giant Vodafone says it will create 2,100 jobs across the UK. The company is expanding existing customer service centres, with 800 additional posts in Manchester, almost 150 in Newark, more than 150 in Stoke-on-Trent and about 100 in Glasgow.
  • Iceland will lift all capital controls on its citizens, businesses and pension funds from Tuesday. Capital controls, such as those to restrict money flowing in and out of the country, were imposed in 2008 after the country's biggest banks collapsed.

Market data

UK (£)
FTSE 1007,343.080.4%2.8%14.4%
FTSE 25018,961.420.4%4.9%3.7%
FTSE All Share3,996.610.4%3.2%12.5%
FTSE Small Cap5,359.620.2%4.2%11.0%
St. James's Place1,083.00-0.2%6.8%3.9%
Europe (€)
Euro Stoxx 600373.230.1%3.3%-1.2%
DAX 3011,963.18-0.1%4.2%7.0%
CAC 404,993.320.2%2.7%4.9%
US (US$)
S&P 5002,372.600.3%6.0%9.5%
Dow Jones Ind20,902.980.2%5.8%13.4%
Hang Seng23,841.691.2%8.4%0.4%
Nikkei 22519,633.750.1%2.7%1.8%
Australia 2005,757.35-0.3%1.6%7.0%
MSCI AC Asia Pacific144.350.7%6.9%2.3%
World (US$)
MSCI World (Developed)1,845.880.5%5.4%5.3%
MSCI AC World (Dev & Em)445.520.5%5.6%5.6%
MSCI Emerging Markets926.140.3%7.4%8.6%
MSCI AC World Value202.240.5%4.0%9.5%
MSCI AC World Growth231.330.6%7.3%1.8%
Fixed Income
FTSE Gilts All Stocks3,533.54-0.3%0.3%8.5%
FTSE Index Linked All Stocks638.53-0.4%0.3%21.2%
ML Sterling Corporate Bonds385.42-0.2%1.1%10.7%
ML Global High Yield Bonds349.740.2%2.1%15.0%
Commodities (US$)
Brent Crude Oil51.37-1.6%-11.5%23.4%
UK Sectors
Basic Materials5,219.040.0%3.3%93.9%
Consumer Goods and Services21,795.370.4%10.7%9.6%
Health Care10,498.320.2%6.3%5.8%
Oil & Gas7,978.662.0%-6.7%54.2%
$ per £1.220.3%-1.1%-16.3%
€ per £1.150.9%-2.0%-15.7%
¥ per £139.17-0.3%-3.7%-22.7%
VIX Index (Volatility)11.93-3.0%-15.0%-22.9%
Baltic Dry Index1,086.002.1%13.0%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/E26.96
FTSE All Share Adj P/E24.81
FTSE All Share Yld3.89%
15yr Gilt Yield1.60%
10yr Gilt Yield1.23%
10yr US Tres Yield2.57%

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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