Investment Market Update
Asian stocks were mixed, following Wall Street's declines and the G20's decision to drop a pledge to avoid trade protectionism, while the Federal Reserve's less hawkish-than-expected comments continued to weigh on the dollar.
US stocks closed slightly lower, as a drop in financial stocks offset gains in utilities as bonds advanced for a third time during last week.
UK stocks rose, pushing the FTSE 100 index to its second consecutive closing high. RBS was among the risers on the FTSE 100, closing up 1.4% after upbeat comments from analysts at Natixis.
- Investment in the UK rail network means that 6,400 more train services will be running each week by 2021, according to industry figures. The Rail Delivery Group said about £50bn was being spent on the network, which would result in an 11% rise in the number of weekday services.
- UK telecoms giant Vodafone has merged its Indian business with Idea Cellular, India's third-largest network, to create the country's largest operator. The combined company will have almost 400 million customers, accounting for 35% of the market share, the firms said in a statement.
|FTSE All Share||4,038.38||0.2%||4.3%||12.5%|
|FTSE Small Cap||5,414.66||0.4%||5.3%||11.0%|
|St. James's Place||1,072.00||-0.7%||5.7%||3.9%|
|Euro Stoxx 600||378.32||0.2%||4.7%||-1.2%|
|Dow Jones Ind||20,914.62||-0.1%||5.8%||13.4%|
|MSCI AC Asia Pacific||148.32||0.2%||9.8%||2.3%|
|MSCI World (Developed)||1,863.08||-0.1%||6.4%||5.3%|
|MSCI AC World (Dev & Em)||451.26||0.0%||7.0%||5.6%|
|MSCI Emerging Markets||965.57||0.2%||12.0%||8.6%|
|MSCI AC World Value||204.41||-0.1%||5.2%||9.5%|
|MSCI AC World Growth||234.81||0.1%||8.9%||1.8%|
|FTSE Gilts All Stocks||3,544.53||0.2%||0.6%||8.5%|
|FTSE Index Linked All Stocks||627.44||-1.3%||-1.5%||21.2%|
|ML Sterling Corporate Bonds||386.00||0.1%||1.3%||10.7%|
|ML Global High Yield Bonds||351.03||0.0%||2.5%||15.0%|
|Brent Crude Oil||51.76||0.0%||-10.8%||23.4%|
|Consumer Goods and Services||22,076.90||0.7%||12.2%||9.6%|
|Oil & Gas||7,958.35||0.4%||-6.9%||54.2%|
|$ per £||1.22||-1.6%||-1.1%||-16.3%|
|€ per £||1.15||-0.4%||-2.0%||-15.7%|
|¥ per £||140.20||0.4%||-3.0%||-22.7%|
|VIX Index (Volatility)||11.28||0.6%||-19.7%||-22.9%|
|Baltic Dry Index||1,196.00||2.0%||24.5%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.35%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||27.16|
|FTSE All Share Adj P/E||24.96|
|FTSE All Share Yld||3.84%|
|15yr Gilt Yield||1.61%|
|10yr Gilt Yield||1.24%|
|10yr US Tres Yield||2.50%|
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