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Investment Market Update

17 October 2017

World markets

FTSE 100 -0.1% 7526.97
FTSE 250 -0.2% 20217.13
Euro Stoxx 600 0.0% 391.41
S&P 500 0.2% 2557.64
Nikkei 0.4% 21332.99
Hang Seng (HK$) 0.1% 28727.72


Stocks in Asia paused near recent highs as concerns about North Korea reemerged, while Australian bonds fell with Treasuries as speculation climbed that the next head of the Federal Reserve will be more hawkish.


US stocks finished at fresh highs as investors prepared themselves for a week of corporate news. Shares in Apple helped to lift the Nasdaq as its price rose 1.8% after KeyBanc upgraded its rating on the stock to "overweight".


UK stocks closed down although miners helped to stem the losses. Glencore rose 1.5% and BHP Billiton added 1.4%. Convatec was the stand-out faller on the FTSE 100, with the shares slumping 26.6% after the medical tech company cut its revenue growth forecast.


  • Airbus SE agreed to acquire a majority stake in Bombardier Inc.’s C Series jetliner program and will start assembling them, in the US, vaulting a technologically advanced but slow-selling plane onto the front lines of the battle with Boeing Co. over global aircraft sales.
  • Irish authorities will begin to clean up and count the cost of the worst storm to hit the country in more than 50 years, after Ophelia left a trail of destruction in its wake. At least three people died in storm-related incidents, police said, while more than 350,000 homes and companies lost power.

Market data

UK (£)
FTSE 1007,526.97-0.1%5.4%14.4%
FTSE 25020,217.13-0.2%11.8%3.7%
FTSE All Share4,132.62-0.1%6.7%12.5%
FTSE Small Cap5,850.070.5%13.7%11.0%
St. James's Place1,183.000.5%20.6%3.9%
Europe (€)
Euro Stoxx 600391.410.0%8.3%-1.2%
DAX 3013,003.700.1%13.3%7.0%
CAC 405,362.880.2%10.3%4.9%
US (US$)
S&P 5002,557.640.2%14.2%9.5%
Dow Jones Ind22,956.960.4%16.2%13.4%
Hang Seng28,727.720.1%30.6%0.4%
Nikkei 22521,332.990.4%11.6%1.8%
Australia 2005,889.610.7%4.0%7.0%
MSCI AC Asia Pacific167.810.7%24.3%2.3%
World (US$)
MSCI World (Developed)2,029.890.1%15.9%5.3%
MSCI AC World (Dev & Em)495.800.1%17.5%5.6%
MSCI Emerging Markets1,131.820.5%31.3%8.6%
MSCI AC World Value217.800.1%12.1%9.5%
MSCI AC World Growth265.970.1%23.3%1.8%
Fixed Income
FTSE Gilts All Stocks3,529.960.3%0.2%8.5%
FTSE Index Linked All Stocks641.660.6%0.8%21.2%
ML Sterling Corporate Bonds394.300.2%3.4%10.7%
ML Global High Yield Bonds375.700.0%9.7%15.0%
Commodities (US$)
Brent Crude Oil57.821.1%-1.5%23.4%
UK Sectors
Basic Materials6,094.310.8%20.6%93.9%
Consumer Goods and Services22,213.57-0.5%12.9%9.6%
Health Care10,012.090.1%1.4%5.8%
Oil & Gas8,424.680.0%-1.4%54.2%
$ per £1.330.0%7.7%-16.3%
€ per £1.12-0.1%-4.2%-15.7%
¥ per £148.560.0%2.8%-22.7%
VIX Index (Volatility)9.913.1%-29.4%-22.9%
Baltic Dry Index1,523.002.6%58.5%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/E22.37
FTSE All Share Adj P/E21.63
FTSE All Share Yld3.76%
15yr Gilt Yield1.65%
10yr Gilt Yield1.34%
10yr US Tres Yield2.30%

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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