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Investment Market Update

30 November 2018

World markets

FTSE 100 0.5% 7038.95
FTSE 250 -0.2% 18609.03
Euro Stoxx 600 0.2% 358.10
S&P 500 -0.2% 2737.76
Nikkei 0.4% 22351.06
Hang Seng (HK$) 0.5% 26587.85


Asian stocks advanced as it sets to round out the month in mixed fashion, as investors await a crucial meeting between the US and Chinese presidents surrounding discussions regarding the trade war.


US stocks finished lower Thursday after an afternoon rally faded. Banks and technology companies fell after the market pulled off a huge rally the day before when Federal Reserve chair Jerome Powell suggested in a speech that the Fed might be almost done raising interest rates.


UK stocks ended in positive territory on Thursday, driven by mining and commodities stocks. A strong performance from Wall Street overnight also helped boost the index, as well as a bounce back in oil prices.


  • The Frankfurt headquarters of Deutsche Bank have been raided by prosecutors in a money laundering investigation. Germany's public prosecutor alleged that two staff members have helped clients launder money from criminal activities.
  • Shares in the owner of shopping centres including Lakeside and the Trafford Centre have plunged after a £2.8bn takeover bid was abandoned. The consortium bidding for Intu Properties blamed economic uncertainty and market volatility for walking away. It was led by the Peel Group and included Saudi Arabian firm Olayan and Canada's Brookfield Property.

Market data

UK (£)
FTSE 1007,038.950.5%-8.4%7.6%
FTSE 25018,609.03-0.2%-10.2%14.7%
FTSE All Share3,853.360.4%-8.7%9.0%
FTSE Small Cap5,379.55-0.1%-9.0%14.9%
St. James's Place1,033.50-1.9%-15.7%20.9%
Europe (€)
Euro Stoxx 600358.100.2%-8.0%7.7%
DAX 3011,298.230.0%-12.5%12.5%
CAC 405,006.250.5%-5.8%9.3%
US (US$)
S&P 5002,737.76-0.2%2.4%19.4%
Dow Jones Ind25,338.84-0.1%2.5%25.1%
Hang Seng26,587.850.5%-11.1%38.5%
Nikkei 22522,351.060.4%-1.8%19.1%
Australia 2005,667.16-1.6%-6.6%7.0%
MSCI AC Asia Pacific153.710.6%-11.6%28.7%
World (US$)
MSCI World (Developed)2,034.890.3%-3.3%20.1%
MSCI AC World (Dev & Em)489.660.3%-4.6%21.6%
MSCI Emerging Markets998.050.6%-13.8%34.2%
MSCI AC World Value209.280.2%-6.6%15.2%
MSCI AC World Growth269.500.4%-2.6%28.3%
Fixed Income
FTSE Gilts All Stocks3,548.970.3%-1.1%3.0%
FTSE Index Linked All Stocks628.730.7%-2.9%2.3%
ML Sterling Corporate Bonds388.630.1%-3.0%5.7%
ML Global High Yield Bonds369.250.3%-2.2%9.7%
Commodities (US$)
Brent Crude Oil59.511.3%-6.0%14.5%
UK Sectors
Basic Materials5,654.682.0%-10.5%25.0%
Consumer Goods and Services18,404.550.2%-17.7%13.6%
Health Care10,913.380.7%14.7%-3.7%
Oil & Gas8,782.980.7%-3.1%6.0%
$ per £1.280.2%-5.2%9.5%
€ per £1.130.5%0.2%-4.0%
¥ per £145.600.4%-4.4%5.3%
VIX Index (Volatility)18.791.6%70.2%-21.4%
Baltic Dry Index1,281.00-3.7%-6.2%42.1%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.89%
Consumer Price Index2.40%
Retail Price Index3.30%
Yields / Ratios
FTSE 100 Adj P/E11.69
FTSE All Share Adj P/E11.66
FTSE All Share Yld4.49%
15yr Gilt Yield1.62%
10yr Gilt Yield1.37%
10yr US Tres Yield3.03%

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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