Investment Market Update
Asian equities pared earlier gains, with a rise in shares in Australia and South Korea offset by declines in Hong Kong and China. The yen fell as the Bank of Japan downplayed Governor Haruhiko Kuroda’s comments on improving inflation.
US shares closed as earnings continue to top estimates. The S&P was boosted by technology shares after strong results from Intel Corp.
UK shares closed up after UK GDP figures beat expectations. Strong performers included BAE Systems which gained 3.8%, Imperial Brands, up 3.4% and Next, up 3%.
- The Financial Reporting Council (FRC) is to investigate KPMG’s audit of Carillion's accounts in the wake of the construction firm's collapse. The move follows "enquiries made since a profit warning in July" at the collapsed construction firm.
- The boss of Ford's China business has resigned after just five months at the helm "for or personal reasons that predate his time" at the company. Jason Luo joined Ford from Key Safety Systems, a maker of safety systems such as airbags and seatbelts.
|FTSE All Share||4,209.42||0.6%||-0.3%||9.0%|
|FTSE Small Cap||5,951.45||-0.4%||0.7%||14.9%|
|St. James's Place||1,224.00||0.2%||-0.2%||20.9%|
|Euro Stoxx 600||400.57||0.5%||2.9%||7.7%|
|Dow Jones Ind||26,616.71||0.8%||7.7%||25.1%|
|MSCI AC Asia Pacific||187.22||0.3%||7.7%||28.7%|
|MSCI World (Developed)||2,248.93||0.7%||6.9%||20.1%|
|MSCI AC World (Dev & Em)||550.32||0.7%||7.3%||21.6%|
|MSCI Emerging Markets||1,273.07||0.8%||9.9%||34.2%|
|MSCI AC World Value||238.91||0.5%||6.6%||15.2%|
|MSCI AC World Growth||298.60||0.8%||7.9%||28.3%|
|FTSE Gilts All Stocks||3,529.06||-0.2%||-1.7%||3.0%|
|FTSE Index Linked All Stocks||634.57||0.3%||-2.0%||2.3%|
|ML Sterling Corporate Bonds||399.39||0.0%||-0.3%||5.7%|
|ML Global High Yield Bonds||383.52||-0.1%||1.6%||9.7%|
|Brent Crude Oil||70.52||0.1%||5.5%||14.5%|
|Consumer Goods and Services||21,668.70||0.7%||-3.1%||13.6%|
|Oil & Gas||9,123.02||-0.2%||0.7%||6.0%|
|$ per £||1.43||0.7%||5.5%||9.5%|
|€ per £||1.14||0.2%||1.3%||-4.0%|
|¥ per £||154.91||0.8%||1.8%||5.3%|
|VIX Index (Volatility)||11.08||-4.3%||0.4%||-21.4%|
|Baltic Dry Index||1,219.00||0.2%||-10.8%||42.1%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.53%|
|Consumer Price Index||3.00%|
|Retail Price Index||4.10%|
|Yields / Ratios|
|FTSE 100 Adj P/E||20.63|
|FTSE All Share Adj P/E||20.03|
|FTSE All Share Yld||3.78%|
|15yr Gilt Yield||1.70%|
|10yr Gilt Yield||1.44%|
|10yr US Tres Yield||2.66%|
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.
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