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Investment Market Update

06 November 2018

World markets

FTSE 100 0.1% 7103.84
FTSE 250 -1.4% 19063.71
Euro Stoxx 600 -0.2% 363.50
S&P 500 0.6% 2738.31
Nikkei 1.1% 22147.75
Hang Seng (HK$) 0.2% 25978.37


Asian stocks traded mixed Tuesday with markets seemingly in a holding pattern after a muted US session ahead of midterm elections.


US stocks rose Monday as financial and health care companies finished higher, while Apple and other technology companies continued to fall. Real estate companies, utilities, and other high-dividend stocks finished with solid gains as high-growth stocks like tech and internet companies slipped.


UK stocks were higher after the close on Monday, as gains in the Industrial Metals & Mining, Tobacco and Pharmaceuticals & Biotech sectors led shares higher.


  • Finance Ministers across the EU are meeting in Brussels to push forward a legislative proposal for a 3 percent levy on the European sales of companies with a global annual revenue of 750 million euros or more, such as Facebook Inc., Alphabet Inc. and Inc.The tech industry has pushed back against the tax, saying it would "chill" investment.
  • Uber Technologies Inc. said it will triple headcount working on food delivery across Europe, the Middle East and Africa in its fight for market share against local rivals including Deliveroo and Just Eat Plc. The restaurant delivery arm of the world’s largest ride-hailing company, called Uber Eats, represents more than 10 percent of gross bookings across the business.

Market data

UK (£)
FTSE 1007,103.840.1%-7.6%7.6%
FTSE 25019,063.71-1.4%-8.0%14.7%
FTSE All Share3,900.25-0.1%-7.6%9.0%
FTSE Small Cap5,519.190.0%-6.6%14.9%
St. James's Place1,015.00-2.3%-17.2%20.9%
Europe (€)
Euro Stoxx 600363.50-0.2%-6.6%7.7%
DAX 3011,494.96-0.2%-11.0%12.5%
CAC 405,101.390.0%-4.0%9.3%
US (US$)
S&P 5002,738.310.6%2.4%19.4%
Dow Jones Ind25,461.700.8%3.0%25.1%
Hang Seng25,978.370.2%-13.2%38.5%
Nikkei 22522,147.751.1%-2.7%19.1%
Australia 2005,875.181.0%-3.1%7.0%
MSCI AC Asia Pacific151.69-1.3%-12.7%28.7%
World (US$)
MSCI World (Developed)2,040.680.2%-3.0%20.1%
MSCI AC World (Dev & Em)490.580.1%-4.4%21.6%
MSCI Emerging Markets992.38-0.4%-14.3%34.2%
MSCI AC World Value209.560.6%-6.5%15.2%
MSCI AC World Growth270.16-0.3%-2.4%28.3%
Fixed Income
FTSE Gilts All Stocks3,557.42-0.1%-0.9%3.0%
FTSE Index Linked All Stocks641.250.0%-1.0%2.3%
ML Sterling Corporate Bonds393.660.0%-1.8%5.7%
ML Global High Yield Bonds374.300.1%-0.8%9.7%
Commodities (US$)
Brent Crude Oil73.170.5%15.6%14.5%
UK Sectors
Basic Materials6,023.050.6%-4.7%25.0%
Consumer Goods and Services19,181.140.6%-14.2%13.6%
Health Care10,512.771.3%10.5%-3.7%
Oil & Gas9,084.631.4%0.3%6.0%
$ per £1.30-0.4%-4.0%9.5%
€ per £1.14-0.3%1.1%-4.0%
¥ per £146.82-0.3%-3.6%5.3%
VIX Index (Volatility)19.962.3%80.8%-21.4%
Baltic Dry Index1,428.00-2.0%4.5%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/E11.72
FTSE All Share Adj P/E10.81
FTSE All Share Yld4.39%
15yr Gilt Yield1.67%
10yr Gilt Yield1.50%
10yr US Tres Yield3.20%

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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