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Investment Market Update

21 February 2017

World markets

FTSE 100 0.0% 7299.86
FTSE 250 0.2% 18746.22
Euro Stoxx 600 0.2% 371.04
S&P 500 0.0% 2351.16
Nikkei 0.7% 19381.44
Hang Seng (HK$) -0.6% 24009.43


Asian stock markets were mostly higher Tuesday as investors looked ahead to minutes from the US Federal Reserve's latest meeting. Japan was boosted by banks and car manufacturers.


US markets were closed for Presidents Day.


UK stocks were broadly flat on Monday, as Unilever shares fell 6.6% after Kraft Heinz abandoned its proposed merger. Rolls Royce rose 6.3% after Goldman Sachs uprated the stock from neutral to buy.


  • Shares in HSBC have fallen after the bank saw a sharper-than-expected drop in annual profits for 2016. The $7.1bn (£5.7bn) pre-tax profit is 62% lower than the $18.9bn reported a year earlier. HSBC attributed the fall to a string of one-off charges, including the sale of its operations in Brazil.
  • The business secretary, Greg Clark, has told MPs that Vauxhall workers in Luton and Ellesmere Port have no reason to fear for their jobs. His assurance came as he answered questions about the possible takeover of General Motors' European operations, including Vauxhall, by the French PSA.

Market data

UK (£)
FTSE 1007,299.860.0%2.2%14.4%
FTSE 25018,746.220.2%3.7%3.7%
FTSE All Share3,970.100.0%2.5%12.5%
FTSE Small Cap5,348.540.0%4.0%11.0%
St. James's Place1,102.001.1%8.7%3.9%
Europe (€)
Euro Stoxx 600371.040.2%2.7%-1.2%
DAX 3011,827.620.6%3.0%7.0%
CAC 404,864.99-0.1%0.1%4.9%
US (US$)
S&P 5002,351.160.0%5.0%9.5%
Dow Jones Ind20,624.050.0%4.4%13.4%
Hang Seng24,009.43-0.6%9.1%0.4%
Nikkei 22519,381.440.7%1.4%1.8%
Australia 2005,791.03-0.1%2.2%7.0%
MSCI AC Asia Pacific145.140.1%7.5%2.3%
World (US$)
MSCI World (Developed)1,836.780.0%4.9%5.3%
MSCI AC World (Dev & Em)444.460.1%5.4%5.6%
MSCI Emerging Markets943.580.5%9.4%8.6%
MSCI AC World Value202.110.1%4.0%9.5%
MSCI AC World Growth230.360.0%6.8%1.8%
Fixed Income
FTSE Gilts All Stocks3,510.91-0.2%-0.4%8.5%
FTSE Index Linked All Stocks632.94-0.4%-0.6%21.2%
ML Sterling Corporate Bonds382.15-0.1%0.2%10.7%
ML Global High Yield Bonds350.760.1%2.4%15.0%
Commodities (US$)
Brent Crude Oil56.180.7%-2.3%23.4%
UK Sectors
Basic Materials5,757.461.1%14.0%93.9%
Consumer Goods and Services20,916.42-1.4%6.3%9.6%
Health Care10,228.07-0.4%3.6%5.8%
Oil & Gas7,763.25-0.5%-9.2%54.2%
$ per £1.250.0%0.9%-16.3%
€ per £1.180.2%0.3%-15.7%
¥ per £141.360.3%-2.2%-22.7%
VIX Index (Volatility)11.490.0%-18.2%-22.9%
Baltic Dry Index757.002.2%-21.2%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.00%
Consumer Price Index1.80%
Retail Price Index2.60%
Yields / Ratios
FTSE 100 Adj P/E27.26
FTSE All Share Adj P/E24.84
FTSE All Share Yld3.82%
15yr Gilt Yield1.66%
10yr Gilt Yield1.23%
10yr US Tres Yield2.41%

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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