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Investment Market Update

12 July 2017

World markets

FTSE 100 -0.5% 7329.76
FTSE 250 -0.7% 19215.39
Euro Stoxx 600 -0.7% 379.15
S&P 500 -0.1% 2425.53
Nikkei -0.5% 20102.89
Hang Seng (HK$) 0.7% 26067.97


Asian stocks were mixed as technology shares rallied, tracking their US counterparts’ advance as investors await testimony from Federal Reserve Chair Janet Yellen.


The S&P 500 index closed lower as fresh reports on the Trump campaign’s possible involvement with Russia during last year’s election shattered calm on financial markets.


UK stocks closed lower with Pearson the biggest faller on the FTSE 100 index, down 5% after it sold a 22% stake in book publisher Penguin Random House.  Marks & Spencer fell 4.7% after the retailer reported a further fall in sales.


  • Saudi Arabia told OPEC it pumped 10.07 million barrels a day in June, exceeding its production limit for the first time since brokering a deal to curb global crude supply to counter a glut.
  • Burberry Group Plc reported sales that beat estimates, giving new Chief Executive Officer Marco Gobbetti a boost as he seeks to benefit from a luxury goods rebound in China while overhauling the company’s US business.  First quarter retail revenue rose 3% on an underlying basis, to £478 million pounds.

Market data

UK (£)
FTSE 1007,329.76-0.5%2.6%14.4%
FTSE 25019,215.39-0.7%6.3%3.7%
FTSE All Share4,004.57-0.6%3.4%12.5%
FTSE Small Cap5,556.66-0.5%8.0%11.0%
St. James's Place1,176.00-1.5%18.3%3.9%
Europe (€)
Euro Stoxx 600379.15-0.7%4.9%-1.2%
DAX 3012,437.02-0.1%8.3%7.0%
CAC 405,140.60-0.5%5.7%4.9%
US (US$)
S&P 5002,425.53-0.1%8.3%9.5%
Dow Jones Ind21,409.070.0%8.3%13.4%
Hang Seng26,067.970.7%18.5%0.4%
Nikkei 22520,102.89-0.5%5.2%1.8%
Australia 2005,673.40-1.0%0.1%7.0%
MSCI AC Asia Pacific154.350.7%14.3%2.3%
World (US$)
MSCI World (Developed)1,915.67-0.1%9.4%5.3%
MSCI AC World (Dev & Em)465.310.0%10.3%5.6%
MSCI Emerging Markets1,018.200.9%18.1%8.6%
MSCI AC World Value206.530.0%6.3%9.5%
MSCI AC World Growth247.120.1%14.6%1.8%
Fixed Income
FTSE Gilts All Stocks3,525.41-0.1%0.0%8.5%
FTSE Index Linked All Stocks615.73-0.5%-3.3%21.2%
ML Sterling Corporate Bonds391.420.0%2.7%10.7%
ML Global High Yield Bonds363.560.1%6.1%15.0%
Commodities (US$)
Brent Crude Oil47.521.4%-19.2%23.4%
UK Sectors
Basic Materials5,303.150.8%5.0%93.9%
Consumer Goods and Services21,892.93-0.8%11.2%9.6%
Health Care10,213.51-0.8%3.4%5.8%
Oil & Gas7,520.27-0.1%-12.0%54.2%
$ per £1.290.2%4.4%-16.3%
€ per £1.130.6%-3.7%-15.7%
¥ per £147.010.4%1.7%-22.7%
VIX Index (Volatility)10.89-2.0%-22.4%-22.9%
Baltic Dry Index830.001.2%-13.6%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.30%
Consumer Price Index2.90%
Retail Price Index3.70%
Yields / Ratios
FTSE 100 Adj P/E24.53
FTSE All Share Adj P/E23.07
FTSE All Share Yld3.87%
15yr Gilt Yield1.65%
10yr Gilt Yield1.27%
10yr US Tres Yield2.36%

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 2017. "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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