to help you make informed decisions about your wealth
Archived article
Photo of coffee and notebook

Investment Market Update

05 November 2018

World markets

FTSE 100 -0.3% 7094.12
FTSE 250 0.8% 19325.73
Euro Stoxx 600 0.3% 364.08
S&P 500 -0.6% 2723.06
Nikkei -1.5% 21898.99
Hang Seng (HK$) -2.1% 25924.05


Asian stocks retreated at the start of the week after optimism over a potential US-China trade deal came under further doubt. 


US stocks slipped on Friday as optimism over US-China trade talks was dampened and Apple absorbed its worst loss in more than four years after forecasting weak revenue in the current quarter.


UK stocks were mixed on Friday with the FTSE 100 losing ground following a strong US monthly jobs report, reaffirming the view that the Federal Reserve will maintain the current path of interest rate hikes.


  • More than 70 business leaders have signed a letter to the Sunday Times calling for a public vote on the UK's Brexit deal. The chief executive of Waterstones and former Sainsbury's boss Justin King are among those saying a "destructive hard Brexit" will damage the UK economy.
  • Wages in the US grew at their fastest pace for nine years last month, the latest official figures show. The US Labour Department said wages grew at an annual rate of 3.1% in October, accelerating from a rate of 2.8% the month before. The economy also added 250,000 jobs last month, beating expectations, while the jobless rate remained at 3.7%.

Market data

UK (£)
FTSE 1007,094.12-0.3%-7.7%7.6%
FTSE 25019,325.730.8%-6.8%14.7%
FTSE All Share3,904.31-0.1%-7.5%9.0%
FTSE Small Cap5,518.841.0%-6.6%14.9%
St. James's Place1,039.002.2%-15.3%20.9%
Europe (€)
Euro Stoxx 600364.080.3%-6.4%7.7%
DAX 3011,518.990.4%-10.8%12.5%
CAC 405,102.130.3%-4.0%9.3%
US (US$)
S&P 5002,723.06-0.6%1.8%19.4%
Dow Jones Ind25,270.83-0.4%2.2%25.1%
Hang Seng25,924.05-2.1%-13.4%38.5%
Nikkei 22521,898.99-1.5%-3.8%19.1%
Australia 2005,818.14-0.5%-4.1%7.0%
MSCI AC Asia Pacific153.632.2%-11.6%28.7%
World (US$)
MSCI World (Developed)2,036.70-0.2%-3.2%20.1%
MSCI AC World (Dev & Em)489.970.1%-4.5%21.6%
MSCI Emerging Markets996.722.6%-14.0%34.2%
MSCI AC World Value208.410.2%-7.0%15.2%
MSCI AC World Growth270.960.0%-2.1%28.3%
Fixed Income
FTSE Gilts All Stocks3,560.55-0.3%-0.8%3.0%
FTSE Index Linked All Stocks641.18-0.7%-1.0%2.3%
ML Sterling Corporate Bonds393.68-0.2%-1.8%5.7%
ML Global High Yield Bonds373.870.1%-0.9%9.7%
Commodities (US$)
Brent Crude Oil72.83-0.1%15.0%14.5%
UK Sectors
Basic Materials5,985.73-0.4%-5.2%25.0%
Consumer Goods and Services19,062.50-1.0%-14.8%13.6%
Health Care10,374.64-1.5%9.0%-3.7%
Oil & Gas8,961.54-1.0%-1.1%6.0%
$ per £1.300.3%-3.8%9.5%
€ per £1.140.1%1.2%-4.0%
¥ per £146.50-0.2%-3.8%5.3%
VIX Index (Volatility)19.510.9%76.7%-21.4%
Baltic Dry Index1,470.00-1.3%7.6%42.1%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.83%
Consumer Price Index2.40%
Retail Price Index3.30%
Yields / Ratios
FTSE 100 Adj P/E11.70
FTSE All Share Adj P/E10.82
FTSE All Share Yld4.39%
15yr Gilt Yield1.66%
10yr Gilt Yield1.49%
10yr US Tres Yield3.21%

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.


St. James's Place Wealth Management

Please get in touch if you have any questions:

Make an enquiry

Arrange a meeting, request a call back or order a complimentary guide.



We value your opinion

We are always looking for ways to improve our service, so if there is something you think we could do better, or that you think we are doing really well, we would love to hear from you.

The only thing we ask is that you do not include any personal information, like account numbers, in your email. If your matter is urgent, needing our personal attention, please contact your local office.

You may be contacted to follow up on your comments.


If you wish to complain about any aspect of our service, we will do what we can not only to meet, but exceed your expectations of a swift and thorough resolution. More details of our complaints procedure can be found here.