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Investment Market Update

08 March 2019

World markets

FTSE 100 -0.5% 7157.55
FTSE 250 -0.9% 19183.82
Euro Stoxx 600 -0.4% 373.88
S&P 500 -0.8% 2748.93
Nikkei -2.0% 21025.56
Hang Seng (HK$) -1.7% 28282.41


Asian stocks fell amid renewed concerns about global growth and signs China is trying to slow down the country’s equity rally. The yen climbed amid the risk-off sentiment.


US stocks fell for the fourth day on Thursday, led by financial stocks, after the European Central Bank (ECB) decided to launch a fresh round of cheap loans to revive the eurozone economy and defer interest rate hikes to at least next year.


UK stocks fell as the FTSE 100 share index closed down 0.53% at 7,157.55 points.The biggest faller was NMC Health, whose shares fell more than 11% after reporting annual results.


  • UK Prime Minister Theresa May on Friday will tell the European Union that the outcome of a historic vote on her Brexit deal next week is in its hands, as signs emerged that the two sides are at least trying to make progress toward a deal.
  • President Donald Trump’s former campaign chairman Paul Manafort was sentenced on Thursday by a US judge to less than four years in prison for financial crimes uncovered during Special Counsel Robert Mueller’s investigation into Russia’s role in the 2016 election.

Market data

UK (£)
FTSE 1007,157.55-0.5%6.4%-12.5%
FTSE 25019,183.82-0.9%9.6%-15.6%
FTSE All Share3,926.03-0.6%6.8%-13.0%
FTSE Small Cap5,442.35-0.7%5.1%-12.4%
St. James's Place1,008.50-1.1%6.8%-23.0%
Europe (€)
Euro Stoxx 600373.88-0.4%10.7%-13.2%
DAX 3011,517.80-0.6%9.1%-18.3%
CAC 405,267.92-0.4%11.4%-11.0%
US (US$)
S&P 5002,748.93-0.8%9.7%-6.2%
Dow Jones Ind25,473.23-0.8%9.2%-5.6%
Hang Seng28,282.41-1.7%9.4%-13.6%
Nikkei 22521,025.56-2.0%5.1%-12.1%
Australia 2006,203.76-1.0%9.9%-6.9%
MSCI AC Asia Pacific158.45-0.7%8.0%-15.6%
World (US$)
MSCI World (Developed)2,061.41-0.8%9.4%-10.4%
MSCI AC World (Dev & Em)497.86-0.9%9.3%-11.2%
MSCI Emerging Markets1,043.56-1.1%8.1%-16.6%
MSCI AC World Value209.73-0.8%7.9%-13.2%
MSCI AC World Growth278.01-1.0%10.7%-9.2%
Fixed Income
FTSE Gilts All Stocks3,681.420.7%2.0%0.8%
FTSE Index Linked All Stocks667.151.1%3.9%-1.2%
ML Sterling Corporate Bonds405.430.4%3.5%-2.4%
ML Global High Yield Bonds384.28-0.3%5.3%-3.7%
Commodities (US$)
Brent Crude Oil66.300.5%22.1%-14.9%
UK Sectors
Basic Materials6,375.53-2.4%10.3%-9.2%
Consumer Goods and Services19,313.200.7%10.7%-21.0%
Health Care10,760.35-0.6%3.3%8.8%
Oil & Gas8,861.11-0.1%4.7%-7.4%
$ per £1.320.3%3.3%-6.2%
€ per £1.16-0.5%4.6%-1.3%
¥ per £147.050.3%5.2%-8.3%
VIX Index (Volatility)16.595.4%-34.7%160.2%
Baltic Dry Index657.00-1.1%-48.3%3.3%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.84%
Consumer Price Index1.80%
Retail Price Index2.50%
Yields / Ratios
FTSE 100 Adj P/E14.59
FTSE All Share Adj P/E14.63
FTSE All Share Yld4.54%
15yr Gilt Yield1.46%
10yr Gilt Yield1.17%
10yr US Tres Yield2.64%

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 2019. "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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