Investment Market Update
Asian stocks were mixed, following a subdued session on Wall Street as energy stocks were weighed down by falling oil prices.
US stocks closed the day little changed, although the tech-heavy Nasdaq did edge up to another record high. Oil prices fell, pushed down by higher stockpiles in the US, and as a result energy company shares came under pressure.
UK stocks closed slightly higher, as the pound recovered from losses against the dollar earlier in the session. The pound's earlier drop against the dollar had been driven by the possibility of an earlier-than-expected rise in US interest rates.
- MPs have said the government must do more to demonstrate the value for money of green energy schemes which are ultimately paid for by bill payers.
- Lloyds Banking Group, owner of HBOS, is going to review the cases of customers affected by a fraud involving two ex-employees, who were jailed last week.
|FTSE All Share||3,912.66||0.3%||1.0%||12.5%|
|FTSE Small Cap||5,294.21||0.4%||2.9%||11.0%|
|St. James's Place||1,068.00||0.4%||5.3%||3.9%|
|Euro Stoxx 600||362.74||0.3%||0.4%||-1.2%|
|Dow Jones Ind||20,090.29||0.2%||1.7%||13.4%|
|MSCI AC Asia Pacific||142.56||-0.2%||5.6%||2.3%|
|MSCI World (Developed)||1,797.29||-0.1%||2.6%||5.3%|
|MSCI AC World (Dev & Em)||434.73||-0.1%||3.1%||5.6%|
|MSCI Emerging Markets||919.80||-0.3%||6.7%||8.6%|
|MSCI AC World Value||197.73||-0.2%||1.7%||9.5%|
|MSCI AC World Growth||225.26||0.0%||4.5%||1.8%|
|FTSE Gilts All Stocks||3,490.81||0.3%||-1.0%||8.5%|
|FTSE Index Linked All Stocks||637.39||0.2%||0.1%||21.2%|
|ML Sterling Corporate Bonds||379.99||0.2%||-0.3%||10.7%|
|ML Global High Yield Bonds||349.92||-0.1%||2.2%||15.0%|
|Brent Crude Oil||55.05||-1.2%||-4.2%||23.4%|
|Consumer Goods and Services||20,591.43||0.6%||4.6%||9.6%|
|Oil & Gas||8,020.25||-2.1%||-6.2%||54.2%|
|$ per £||1.25||0.0%||1.3%||-16.3%|
|€ per £||1.17||0.2%||-0.1%||-15.7%|
|¥ per £||140.51||0.5%||-2.8%||-22.7%|
|VIX Index (Volatility)||11.29||-0.7%||-19.6%||-22.9%|
|Baltic Dry Index||714.00||-2.9%||-25.7%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.00%|
|Consumer Price Index||1.60%|
|Retail Price Index||2.50%|
|Yields / Ratios|
|FTSE 100 Adj P/E||28.51|
|FTSE All Share Adj P/E||25.56|
|FTSE All Share Yld||3.88%|
|15yr Gilt Yield||1.71%|
|10yr Gilt Yield||1.29%|
|10yr US Tres Yield||2.39%|
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.
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