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Investment Market Update

14 May 2018

World markets

FTSE 100 0.3% 7724.55
FTSE 250 0.4% 20785.56
Euro Stoxx 600 0.1% 392.40
S&P 500 0.2% 2727.72
Nikkei 0.5% 22874.23
Hang Seng (HK$) 1.1% 31464.79


Asian stocks rose to near two month highs on Monday on hopes of a thaw in US China trade tensions, after US President Donald Trump pledged to help ZTE Corp after a US ban crippled the Chinese technology company.


US stocks edged higher Friday, capping the best week in two months amid growing conviction that inflation will remain tame and as trade tensions eased.


UK stocks finished marginally up on Friday, ITV led the advance on the back of a well-received trading statement at the company's annual general meeting with shares rising 7.3%.


  • Technology firm Xerox has ended its controversial sale to Japan's Fujifilm after reaching a deal with activist investors Carl Icahn and Darwin Deason. Together, they own 15% of Xerox and had opposed the £4.5bn deal as they said it undervalued the firm.
  • Poor weather and a squeeze on spending caused a slide in the number of people visiting shops last month. Footfall fell by 3.3% last month according to the British Retail Consortium (BRC) and Springboard. That was lower than the 6% decline in March, but was still an "unprecedented" 4.8% decline over the two month period.

Market data

UK (£)
FTSE 1007,724.550.3%0.5%7.6%
FTSE 25020,785.560.4%0.3%14.7%
FTSE All Share4,242.040.3%0.5%9.0%
FTSE Small Cap5,980.980.3%1.2%14.9%
St. James's Place1,186.500.6%-3.2%20.9%
Europe (€)
Euro Stoxx 600392.400.1%0.8%7.7%
DAX 3013,001.24-0.2%0.6%12.5%
CAC 405,541.94-0.1%4.3%9.3%
US (US$)
S&P 5002,727.720.2%2.0%19.4%
Dow Jones Ind24,831.170.4%0.5%25.1%
Hang Seng31,464.791.1%5.2%38.5%
Nikkei 22522,874.230.5%0.5%19.1%
Australia 2006,132.900.3%1.1%7.0%
MSCI AC Asia Pacific175.620.9%1.0%28.7%
World (US$)
MSCI World (Developed)2,131.960.4%1.4%20.1%
MSCI AC World (Dev & Em)519.460.4%1.3%21.6%
MSCI Emerging Markets1,164.490.7%0.5%34.2%
MSCI AC World Value221.090.5%-1.3%15.2%
MSCI AC World Growth287.240.4%3.8%28.3%
Fixed Income
FTSE Gilts All Stocks3,546.91-0.2%-1.2%3.0%
FTSE Index Linked All Stocks625.74-0.5%-3.4%2.3%
ML Sterling Corporate Bonds393.78-0.1%-1.7%5.7%
ML Global High Yield Bonds375.610.2%-0.5%9.7%
Commodities (US$)
Brent Crude Oil77.12-0.5%17.8%14.5%
UK Sectors
Basic Materials6,677.531.7%5.7%25.0%
Consumer Goods and Services20,076.29-0.2%-10.2%13.6%
Health Care10,100.18-0.2%6.2%-3.7%
Oil & Gas9,769.010.6%7.8%6.0%
$ per £1.35-0.3%-0.1%9.5%
€ per £1.130.0%0.6%-4.0%
¥ per £147.75-0.3%-2.9%5.3%
VIX Index (Volatility)12.65-4.4%14.6%-21.4%
Baltic Dry Index1,472.001.3%7.8%42.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.67%
Consumer Price Index2.50%
Retail Price Index3.30%
Yields / Ratios
FTSE 100 Adj P/E13.29
FTSE All Share Adj P/E13.68
FTSE All Share Yld3.92%
15yr Gilt Yield1.71%
10yr Gilt Yield1.44%
10yr US Tres Yield2.97%

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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