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

Investment Market Update

16 October 2017

World markets

FTSE 100 -0.3% 7535.44
FTSE 250 0.0% 20259.51
Euro Stoxx 600 0.3% 391.42
S&P 500 0.1% 2553.17
Nikkei 0.5% 21267.02
Hang Seng (HK$) 0.9% 28734.74


Asian stocks advanced after inflation data in the US added to evidence that global growth is continuing steadily with limited price pressures in the American economy.


US stocks ended the week higher as investors reacted to the latest retail sales and inflation data. The Commerce Department said retail sales rose 1.6% last month, with spending likely to have been lifted by demand for building materials and cars following hurricanes Harvey and Irma.


UK stocks were lower on Friday as the pound climbed to a nearly two-week high on prospects for a smoother exit for Britain out of the European Union. 


  • The Bank of England should hold off from raising interest rates next month, according to a forecasting body. Bank governor Mark Carney has said rates could go up in the "relatively near term", with many analysts expecting a hike in November. However, the EY Item Club said such a move risked hurting the UK's "fragile economic outlook".
  • The old round £1 coin is now officially withdrawn, but shoppers will still be able to spend them in some shops. With up to 450 million estimated to be still in the public's hands, many retailers have said they will continue to accept them for a limited period. Businesses can refuse to take them from Monday when they will no longer be legal tender.

Market data

UK (£)
FTSE 1007,535.44-0.3%5.5%14.4%
FTSE 25020,259.510.0%12.1%3.7%
FTSE All Share4,137.06-0.2%6.8%12.5%
FTSE Small Cap5,823.770.0%13.2%11.0%
St. James's Place1,177.000.1%20.0%3.9%
Europe (€)
Euro Stoxx 600391.420.3%8.3%-1.2%
DAX 3012,991.870.1%13.2%7.0%
CAC 405,351.74-0.2%10.1%4.9%
US (US$)
S&P 5002,553.170.1%14.0%9.5%
Dow Jones Ind22,871.720.1%15.7%13.4%
Hang Seng28,734.740.9%30.6%0.4%
Nikkei 22521,267.020.5%11.3%1.8%
Australia 2005,846.760.6%3.2%7.0%
MSCI AC Asia Pacific166.660.6%23.4%2.3%
World (US$)
MSCI World (Developed)2,028.010.2%15.8%5.3%
MSCI AC World (Dev & Em)495.090.2%17.4%5.6%
MSCI Emerging Markets1,125.910.4%30.6%8.6%
MSCI AC World Value217.490.2%11.9%9.5%
MSCI AC World Growth265.590.3%23.2%1.8%
Fixed Income
FTSE Gilts All Stocks3,519.320.2%-0.1%8.5%
FTSE Index Linked All Stocks637.980.5%0.2%21.2%
ML Sterling Corporate Bonds393.320.1%3.2%10.7%
ML Global High Yield Bonds375.620.0%9.7%15.0%
Commodities (US$)
Brent Crude Oil57.171.6%-2.7%23.4%
UK Sectors
Basic Materials6,047.711.8%19.7%93.9%
Consumer Goods and Services22,317.63-0.3%13.4%9.6%
Health Care10,005.57-0.5%1.3%5.8%
Oil & Gas8,422.56-0.3%-1.5%54.2%
$ per £1.32-0.3%7.4%-16.3%
€ per £1.12-0.4%-4.6%-15.7%
¥ per £148.820.2%3.0%-22.7%
VIX Index (Volatility)9.61-3.0%-31.6%-22.9%
Baltic Dry Index1,485.001.9%54.5%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.37%
Consumer Price Index2.90%
Retail Price Index3.90%
Yields / Ratios
FTSE 100 Adj P/E22.38
FTSE All Share Adj P/E21.65
FTSE All Share Yld3.75%
15yr Gilt Yield1.69%
10yr Gilt Yield1.37%
10yr US Tres Yield2.27%

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.


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.