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Investment Market Update

30 November 2017

World markets

FTSE 100 -0.9% 7393.56
FTSE 250 0.2% 20059.58
Euro Stoxx 600 0.2% 387.96
S&P 500 0.0% 2626.07
Nikkei 0.6% 22724.96
Hang Seng (HK$) -1.5% 29173.33


Asian shares fell, weighed down by a plunge in high-flying tech shares on fears that a long boom in micro-chips may have peaked.


US strocks were varied as the Nasdaq posted its steepest decline in more than three months on Wednesday as investors dumped the high priced technology shares. Financial and telecoms firms gained, boosting the Dow and leaving the S&P 500 little changed.


UK stocks were mixed on Wednesday hurt by the rising value of the pound reducing the value of sales made overseas. Meanwhile Shares in Cineworld closed 19.8% lower after it confirmed it is in advanced talks to buy US cinema chain Regal.Europe's second biggest cinema group said it would fund the deal with debt and a rights issue.


  • The UK's banks could cope if Britain leaves the European Union in a disorderly Brexit in 2019, the Bank of England has said. For the first time since the financial crisis, all of the UK's biggest lenders have passed the Bank's stress tests. The tests of adverse economic scenarios discover if the banks could continue to lend money to support the UK economy.
  • Apple has said it is working to fix a serious bug within its Mac operating system. The flaw in MacOS High Sierra, the most recent version, makes it possible to gain entry to the machine without a password, and also have access to powerful administrator rights.

Market data

UK (£)
FTSE 1007,393.56-0.9%3.5%14.4%
FTSE 25020,059.580.2%11.0%3.7%
FTSE All Share4,066.92-0.7%5.0%12.5%
FTSE Small Cap5,777.040.1%12.3%11.0%
St. James's Place1,212.000.5%19.5%3.9%
Europe (€)
Euro Stoxx 600387.960.2%7.3%-1.2%
DAX 3013,061.870.0%13.8%7.0%
CAC 405,398.050.1%11.0%4.9%
US (US$)
S&P 5002,626.070.0%17.3%9.5%
Dow Jones Ind23,940.680.4%21.1%13.4%
Hang Seng29,173.33-1.5%32.6%0.4%
Nikkei 22522,724.960.6%18.9%1.8%
Australia 2005,969.89-0.7%5.4%7.0%
MSCI AC Asia Pacific171.85-0.1%27.3%2.3%
World (US$)
MSCI World (Developed)2,066.220.0%18.0%5.3%
MSCI AC World (Dev & Em)504.12-0.1%19.5%5.6%
MSCI Emerging Markets1,141.38-0.4%32.4%8.6%
MSCI AC World Value220.020.5%13.2%9.5%
MSCI AC World Growth272.12-0.6%26.2%1.8%
Fixed Income
FTSE Gilts All Stocks3,531.20-0.9%0.2%8.5%
FTSE Index Linked All Stocks636.18-1.8%-0.1%21.2%
ML Sterling Corporate Bonds394.03-0.6%3.4%10.7%
ML Global High Yield Bonds375.720.0%9.7%15.0%
Commodities (US$)
Brent Crude Oil63.11-0.8%7.6%23.4%
UK Sectors
Basic Materials5,678.96-2.3%12.4%93.9%
Consumer Goods and Services21,597.76-2.0%9.7%9.6%
Health Care9,208.32-1.3%-6.8%5.8%
Oil & Gas8,635.63-1.5%1.0%54.2%
$ per £1.33-0.7%8.0%-16.3%
€ per £1.12-0.9%-4.3%-15.7%
¥ per £148.30-1.3%2.6%-22.7%
VIX Index (Volatility)10.706.7%-23.8%-22.9%
Baltic Dry Index1,536.002.0%59.8%101.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.52%
Consumer Price Index3.00%
Retail Price Index4.00%
Yields / Ratios
FTSE 100 Adj P/E19.95
FTSE All Share Adj P/E19.46
FTSE All Share Yld3.81%
15yr Gilt Yield1.65%
10yr Gilt Yield1.34%
10yr US Tres Yield2.39%

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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