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

Investment Market Update

17 April 2018

World markets

FTSE 100 -0.9% 7198.20
FTSE 250 -0.3% 19771.52
Euro Stoxx 600 -0.4% 377.74
S&P 500 0.8% 2677.84
Nikkei 0.1% 21852.68
Hang Seng (HK$) -0.3% 30239.07


Most Asian equity markets struggled for direction Tuesday, with Chinese equities lagging despite better-than-expected economic growth to start 2018. 


US stocks rose on Monday as fears of an escalating conflict in Syria eased for the moment, while some of the biggest US companies reported strong quarterly results.


UK stocks closed down on Monday as the pound firmed and US shares were trading higher. The FTSE 100 was weighed down by a combination of a weaker oil price, a stronger pound and a large sell off in WPP and Evraz. 


  • Vauxhall plans to reduce its dealership total by about a third as consumers change the way they buy cars. The brand, which was bought by Peugeot's parent company PSA last year, plans to reduce the total from 326 to about 200. The move is part of a PSA drive to return the loss-making Vauxhall and Opel businesses to profitability.
  • The pound has continued its recent strong run against the dollar pushing firmly above $1.43. The strong run means that, among the G10 group of rich nations, the UK has the best-performing currency this year. Traders say the prospect of higher UK interest rates has made the pound more attractive while the dollar has been hit by fears of trade disputes.

Market data

UK (£)
FTSE 1007,198.20-0.9%-6.4%7.6%
FTSE 25019,771.52-0.3%-4.6%14.7%
FTSE All Share3,970.00-0.8%-6.0%9.0%
FTSE Small Cap5,718.190.0%-3.3%14.9%
St. James's Place1,072.50-0.9%-12.5%20.9%
Europe (€)
Euro Stoxx 600377.74-0.4%-2.9%7.7%
DAX 3012,391.41-0.4%-4.1%12.5%
CAC 405,312.960.0%0.0%9.3%
US (US$)
S&P 5002,677.840.8%0.2%19.4%
Dow Jones Ind24,573.040.9%-0.6%25.1%
Hang Seng30,239.07-0.3%1.1%38.5%
Nikkei 22521,852.680.1%-4.0%19.1%
Australia 2005,848.300.1%-3.6%7.0%
MSCI AC Asia Pacific173.66-0.1%-0.1%28.7%
World (US$)
MSCI World (Developed)2,099.820.5%-0.2%20.1%
MSCI AC World (Dev & Em)512.490.4%-0.1%21.6%
MSCI Emerging Markets1,163.25-0.6%0.4%34.2%
MSCI AC World Value220.280.3%-1.7%15.2%
MSCI AC World Growth280.760.4%1.4%28.3%
Fixed Income
FTSE Gilts All Stocks3,549.58-0.3%-1.1%3.0%
FTSE Index Linked All Stocks628.19-0.7%-3.0%2.3%
ML Sterling Corporate Bonds393.58-0.1%-1.8%5.7%
ML Global High Yield Bonds380.720.2%0.9%9.7%
Commodities (US$)
Brent Crude Oil71.42-1.6%8.6%14.5%
UK Sectors
Basic Materials5,927.84-1.5%-6.2%25.0%
Consumer Goods and Services19,554.03-1.0%-12.6%13.6%
Health Care9,467.51-1.1%-0.5%-3.7%
Oil & Gas8,648.44-1.0%-4.5%6.0%
$ per £1.42-0.6%5.4%9.5%
€ per £1.15-0.2%2.5%-4.0%
¥ per £152.83-0.4%0.4%5.3%
VIX Index (Volatility)16.56-4.9%50.0%-21.4%
Baltic Dry Index1,025.001.1%-25.0%42.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.78%
Consumer Price Index2.70%
Retail Price Index3.60%
Yields / Ratios
FTSE 100 Adj P/E12.78
FTSE All Share Adj P/E13.16
FTSE All Share Yld4.06%
15yr Gilt Yield1.70%
10yr Gilt Yield1.46%
10yr US Tres Yield2.83%

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.


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.