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Investment Market Update

18 January 2019

World markets

FTSE 100 -0.4% 6834.92
FTSE 250 0.3% 18537.32
Euro Stoxx 600 0.0% 250.73
S&P 500 0.8% 2635.96
Nikkei 1.3% 20666.07
Hang Seng (HK$) 1.2% 27080.40


Asian stocks rose across the board on Friday as a report of progress in US-China trade talks stirred hopes of a deal in their tariff dispute and supported risk sentiment.


US stocks rose on optimism that the US and China will try to avoid a prolonged trade conflict. Eight of the eleven primary S&P 500 sectors traded higher, as materials and industrials outperformed while real estate and financials lagged.


UK stocks ended broadly lower on Thursday after global trade concerns re-emerged and a stronger pound hampered gains in the FTSE 100.


  • The housing market outlook over the next three months is the worst for 20 years, surveyors say. A net balance of 28% of Royal Institution of Chartered Surveyors (RICS) members expect sales to fall in the next three months. It's the most downbeat reading since records started in October 1998 and the pessimism is blamed on the lack of clarity around Brexit.
  • Netflix Inc.’s “Bird Box,” “You” and other new programs helped attract millions more subscribers to the streaming service last quarter. But slower sales growth disappointed investors. Though revenue grew 27% to $4.19 billion in the fourth quarter, which came up short of the $4.21 billion projected by Wall Street. The forecast for current-quarter sales also missed estimates.

Market data

UK (£)
FTSE 1006,834.92-0.4%1.6%-12.5%
FTSE 25018,537.320.3%5.9%-15.6%
FTSE All Share3,757.86-0.3%2.3%-13.0%
FTSE Small Cap5,263.59-0.4%1.7%-12.4%
St. James's Place960.40-1.0%1.7%-23.0%
Europe (€)
Euro Stoxx 600350.730.0%3.9%-13.2%
DAX 3010,918.62-0.1%3.4%-18.3%
CAC 404,794.37-0.3%1.3%-11.0%
US (US$)
S&P 5002,635.960.8%5.2%-6.2%
Dow Jones Ind24,370.100.7%4.5%-5.6%
Hang Seng27,080.401.2%4.8%-13.6%
Nikkei 22520,666.071.3%3.3%-12.1%
Australia 2005,879.590.5%4.1%-6.9%
MSCI AC Asia Pacific152.360.0%3.9%-15.6%
World (US$)
MSCI World (Developed)1,975.610.5%4.9%-10.4%
MSCI AC World (Dev & Em)477.630.4%4.8%-11.2%
MSCI Emerging Markets1,008.990.0%4.5%-16.6%
MSCI AC World Value203.540.4%4.7%-13.2%
MSCI AC World Growth263.670.4%4.9%-9.2%
Fixed Income
FTSE Gilts All Stocks3,601.70-0.4%-0.2%0.8%
FTSE Index Linked All Stocks633.13-2.6%-1.4%-1.2%
ML Sterling Corporate Bonds393.04-0.2%0.3%-2.4%
ML Global High Yield Bonds375.100.1%2.8%-3.7%
Commodities (US$)
Brent Crude Oil61.18-0.2%13.7%-14.9%
UK Sectors
Basic Materials5,936.580.4%2.7%-9.2%
Consumer Goods and Services17,632.980.4%1.1%-21.0%
Health Care10,117.040.0%-2.8%8.8%
Oil & Gas8,541.58-1.1%0.9%-7.4%
$ per £1.29-0.8%0.8%-6.2%
€ per £1.13-1.0%1.3%-1.3%
¥ per £140.06-0.8%0.2%-19.7%
VIX Index (Volatility)18.06-5.1%-29.0%160.2%
Baltic Dry Index1,077.002.1%-15.3%3.3%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.92%
Consumer Price Index2.10%
Retail Price Index2.70%
Yields / Ratios
FTSE 100 Adj P/E11.38
FTSE All Share Adj P/E11.61
FTSE All Share Yld4.80%
15yr Gilt Yield1.54%
10yr Gilt Yield1.34%
10yr US Tres Yield2.75%

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 2019. "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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