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Investment Market Update

04 June 2018

World markets

FTSE 100 0.3% 7701.77
FTSE 250 0.7% 20984.92
Euro Stoxx 600 1.0% 386.91
S&P 500 1.1% 2734.62
Nikkei 1.5% 22496.91
Hang Seng (HK$) 1.5% 30944.76


Asian stocks gained after US jobs data bolstered optimism in the world’s largest economy, all but firming an interest rate increase from the Federal Reserve later this month.


US shares ended Friday slightly ahead, thanks to much better-than-expected jobs data mitigating losses due to investor fears over the impact of retaliatory tariffs being imposed by other countries on US exports.


UK shares have closed flat, thanks to easing investor worries over Italy as new Prime Minister Giuseppe Conte was sworn on Friday and a boost in financial and mining stocks.


  • President Donald Trump is headed for a showdown with America’s allies at a Group of Seven summit this week in Quebec, with the European Union and Canada threatening retaliatory measures unless he reverses course on new steel and aluminum levies.
  • ​Brexit is back this week as lawmakers return from their recess. UK Prime Minister Theresa May has some important decisions to make on what kind of future customs relationship she will formally pitch to the European Union ahead of a key summit at the end of the month.

Market data

UK (£)
FTSE 1007,701.770.3%0.2%7.6%
FTSE 25020,984.920.7%1.2%14.7%
FTSE All Share4,237.550.4%0.4%9.0%
FTSE Small Cap5,940.140.3%0.5%14.9%
St. James's Place1,196.000.3%-2.4%20.9%
Europe (€)
Euro Stoxx 600386.911.0%-0.6%7.7%
DAX 3012,724.270.9%-1.5%12.5%
CAC 405,465.531.2%2.9%9.3%
US (US$)
S&P 5002,734.621.1%2.3%19.4%
Dow Jones Ind24,635.210.9%-0.3%25.1%
Hang Seng30,944.761.5%3.4%38.5%
Nikkei 22522,496.911.5%-1.2%19.1%
Australia 2006,021.500.5%-0.7%7.0%
MSCI AC Asia Pacific172.130.0%-1.0%28.7%
World (US$)
MSCI World (Developed)2,109.190.8%0.3%20.1%
MSCI AC World (Dev & Em)512.770.8%-0.1%21.6%
MSCI Emerging Markets1,130.220.8%-2.4%34.2%
MSCI AC World Value215.670.7%-3.7%15.2%
MSCI AC World Growth286.660.9%3.6%28.3%
Fixed Income
FTSE Gilts All Stocks3,602.13-0.6%0.4%3.0%
FTSE Index Linked All Stocks638.05-1.0%-1.5%2.3%
ML Sterling Corporate Bonds394.75-0.2%-1.5%5.7%
ML Global High Yield Bonds372.300.0%-1.4%9.7%
Commodities (US$)
Brent Crude Oil76.79-1.0%17.9%14.5%
UK Sectors
Basic Materials6,715.081.4%6.3%25.0%
Consumer Goods and Services20,140.97-0.5%-9.9%13.6%
Health Care10,308.61-0.7%8.3%-3.7%
Oil & Gas9,775.560.4%7.9%6.0%
$ per £1.33-0.4%-1.6%9.5%
€ per £1.14-0.5%1.2%-4.0%
¥ per £144.55-1.1%-5.0%5.3%
VIX Index (Volatility)13.46-12.8%21.9%-21.4%
Baltic Dry Index1,156.006.1%-15.4%42.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.61%
Consumer Price Index2.40%
Retail Price Index3.40%
Yields / Ratios
FTSE 100 Adj P/E13.19
FTSE All Share Adj P/E13.60
FTSE All Share Yld3.95%
15yr Gilt Yield1.58%
10yr Gilt Yield1.28%
10yr US Tres Yield2.90%

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.


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