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Investment Market Update

16 October 2018

World markets

FTSE 100 0.5% 7029.22
FTSE 250 -0.9% 18803.45
Euro Stoxx 600 0.1% 359.31
S&P 500 -0.6% 2750.79
Nikkei 1.0% 22496.50
Hang Seng (HK$) -0.2% 25401.46


Asian stocks rose modestly on Tuesday, gaining a firmer footing after a week of heavy losses, although cooling factory-gate inflation in China and increasing tensions between Saudi Arabia and the West have capped gains.


US stocks finished a choppy session lower on Monday amid lingering doubts over the market's prospects following last week's volatility.


UK stocks were mixed on Monday as PM Theresa May says the government is working towards a good Brexit deal. The FTSE 250 index slid led by ConvaTec Group and Superdry following profit warnings.


  • The government will have to find an extra £19bn a year if it is to uphold Theresa May's promise that "austerity is over", a major report has said. In its pre-Budget report, the Institute for Fiscal Studies says it means higher borrowing and higher taxes.
  • From today, if you want to advertise a political cause on Facebook in the UK, you'll have to obey new rules. You will need to prove your identity and location to the company, and each ad will carry a message saying who paid for it. There will also be an online archive, showing all of your previous ads, roughly how much you spent, and who they have reached.

Market data

UK (£)
FTSE 1007,029.220.5%-8.6%7.6%
FTSE 25018,803.45-0.9%-9.3%14.7%
FTSE All Share3,859.270.2%-8.6%9.0%
FTSE Small Cap5,535.56-0.1%-6.4%14.9%
St. James's Place1,039.00-1.5%-15.3%20.9%
Europe (€)
Euro Stoxx 600359.310.1%-7.7%7.7%
DAX 3011,614.160.8%-10.1%12.5%
CAC 405,095.070.0%-4.1%9.3%
US (US$)
S&P 5002,750.79-0.6%2.9%19.4%
Dow Jones Ind25,250.55-0.4%2.1%25.1%
Hang Seng25,401.46-0.2%-15.1%38.5%
Nikkei 22522,496.501.0%-1.2%19.1%
Australia 2005,869.900.6%-3.2%7.0%
MSCI AC Asia Pacific152.46-1.2%-12.3%28.7%
World (US$)
MSCI World (Developed)2,055.11-0.4%-2.3%20.1%
MSCI AC World (Dev & Em)492.52-0.5%-4.0%21.6%
MSCI Emerging Markets971.67-0.9%-16.1%34.2%
MSCI AC World Value208.77-0.2%-6.8%15.2%
MSCI AC World Growth273.29-0.7%-1.3%28.3%
Fixed Income
FTSE Gilts All Stocks3,510.110.2%-2.2%3.0%
FTSE Index Linked All Stocks628.430.5%-3.0%2.3%
ML Sterling Corporate Bonds391.260.2%-2.4%5.7%
ML Global High Yield Bonds377.090.1%-0.1%9.7%
Commodities (US$)
Brent Crude Oil80.780.4%26.9%14.5%
UK Sectors
Basic Materials5,879.501.3%-6.9%25.0%
Consumer Goods and Services18,698.030.8%-16.4%13.6%
Health Care10,122.430.9%6.4%-3.7%
Oil & Gas9,347.970.8%3.2%6.0%
$ per £1.320.0%-2.7%9.5%
€ per £1.140.2%1.0%-4.0%
¥ per £147.600.3%-3.0%5.3%
VIX Index (Volatility)21.300.0%92.9%-21.4%
Baltic Dry Index1,584.000.3%16.0%42.1%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.81%
Consumer Price Index2.70%
Retail Price Index3.50%
Yields / Ratios
FTSE 100 Adj P/E11.71
FTSE All Share Adj P/E11.71
FTSE All Share Yld4.40%
15yr Gilt Yield1.79%
10yr Gilt Yield1.61%
10yr US Tres Yield3.16%

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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