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Investment Market Update

17 October 2018

World markets

FTSE 100 0.4% 7059.40
FTSE 250 1.8% 19149.87
Euro Stoxx 600 1.6% 364.99
S&P 500 2.1% 2809.92
Nikkei 1.0% 22781.36%
Hang Seng (HK$) 0.0% 25462.26


Asian stocks rose on Wednesday as robust US corporate earnings and encouraging data lowered worries about softening global growth and trade tensions.


US stocks made strong gains Tuesday as earnings reports encouraged investors. The economic data showed gains in job openings and industrial production which also contributed to growth. 


UK stocks missed out on a global rebound on Tuesday but still gained, lagging behind European and US stocks, as Brexit optimism and data showing fast-rising wages lifted sterling, acting as a drag on exporters.


  • Netflix added seven million new customers in the three months to September, bringing its global total to more than 137 million. The stronger than expected growth - a record for the third quarter - sent shares up 11% in after-hours trading.
  • UK wages excluding bonuses have risen at their fastest pace in nearly 10 years. Pay rose by 3.1% in the three months to August, compared with a year ago, while inflation for the same period was 2.5%

Market data

UK (£)
FTSE 1007,059.400.4%-8.2%7.6%
FTSE 25019,149.871.8%-7.6%14.7%
FTSE All Share3,885.070.7%-8.0%9.0%
FTSE Small Cap5,586.160.9%-5.5%14.9%
St. James's Place1,052.501.3%-14.2%20.9%
Europe (€)
Euro Stoxx 600364.991.6%-6.2%7.7%
DAX 3011,776.551.4%-8.8%12.5%
CAC 405,173.051.5%-2.6%9.3%
US (US$)
S&P 5002,809.922.1%5.1%19.4%
Dow Jones Ind25,798.422.2%4.4%25.1%
Hang Seng25,462.260.0%-14.9%38.5%
Nikkei 22522,781.361.0%0.1%19.1%
Australia 2005,939.101.2%-2.1%7.0%
MSCI AC Asia Pacific153.360.6%-11.8%28.7%
World (US$)
MSCI World (Developed)2,091.211.8%-0.6%20.1%
MSCI AC World (Dev & Em)500.941.7%-2.4%21.6%
MSCI Emerging Markets984.661.3%-15.0%34.2%
MSCI AC World Value211.551.3%-5.6%15.2%
MSCI AC World Growth278.972.1%0.8%28.3%
Fixed Income
FTSE Gilts All Stocks3,513.640.1%-2.1%3.0%
FTSE Index Linked All Stocks630.830.4%-2.6%2.3%
ML Sterling Corporate Bonds391.130.0%-2.4%5.7%
ML Global High Yield Bonds377.610.1%0.1%9.7%
Commodities (US$)
Brent Crude Oil81.410.8%27.9%14.5%
UK Sectors
Basic Materials5,872.13-0.1%-7.0%25.0%
Consumer Goods and Services18,632.80-0.3%-16.7%13.6%
Health Care10,301.881.8%8.3%-3.7%
Oil & Gas9,365.420.2%3.4%6.0%
$ per £1.32-0.2%-2.6%9.5%
€ per £1.14-0.2%0.9%-4.0%
¥ per £147.11-0.5%-3.4%5.3%
VIX Index (Volatility)17.62-17.3%59.6%-21.4%
Baltic Dry Index1,578.00-0.4%15.5%42.1%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.81%
Consumer Price Index2.70%
Retail Price Index3.50%
Yields / Ratios
FTSE 100 Adj P/E11.76
FTSE All Share Adj P/E11.78
FTSE All Share Yld4.37%
15yr Gilt Yield1.77%
10yr Gilt Yield1.61%
10yr US Tres Yield3.16%

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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