Investment Market Update
Asian stocks were mixed, as investors await further details from President Donald Trump on his economic policies, including tax reforms.
US stocks rose to all-time highs after a report on deal activity between T-Mobile Inc. and SoftBank Group Corp. and a speech by President Donald Trump at a Boeing Co. factory in South Carolina.
A surge in Unilever shares pushed the FTSE 100 higher, after it emerged it had received and rejected a takeover bid from US food giant Kraft Heinz. Unilever shares finished more than 13% higher, and that helped push the benchmark FTSE 100 past the post with a 22-point gain to 7,299.96.
- Kraft Heinz says it has dropped its plan to buy Anglo-Dutch rival Unilever. Marmite-maker Unilever rejected the US food giant's bid, saying it saw "no merit, either financial or strategic" in Kraft's offer, worth about £115bn. The deal would have been one of the biggest in corporate history, combining dozens of household names.
- Online retail giant Amazon has said it will create 5,000 new full-time jobs in the UK this year. The recruitment will take Amazon's workforce in the UK to more than 24,000.
|FTSE All Share||3,968.78||0.2%||2.5%||12.5%|
|FTSE Small Cap||5,347.00||-0.1%||4.0%||11.0%|
|St. James's Place||1,090.00||-0.5%||7.5%||3.9%|
|Euro Stoxx 600||370.22||0.0%||2.4%||-1.2%|
|Dow Jones Ind||20,624.05||0.0%||4.4%||13.4%|
|MSCI AC Asia Pacific||145.01||-0.2%||7.4%||2.3%|
|MSCI World (Developed)||1,836.50||0.0%||4.9%||5.3%|
|MSCI AC World (Dev & Em)||444.17||-0.1%||5.3%||5.6%|
|MSCI Emerging Markets||939.03||-0.7%||8.9%||8.6%|
|MSCI AC World Value||201.88||-0.3%||3.9%||9.5%|
|MSCI AC World Growth||230.32||0.2%||6.8%||1.8%|
|FTSE Gilts All Stocks||3,516.55||0.4%||-0.2%||8.5%|
|FTSE Index Linked All Stocks||635.46||0.1%||-0.2%||21.2%|
|ML Sterling Corporate Bonds||382.52||0.3%||0.3%||10.7%|
|ML Global High Yield Bonds||350.57||-0.1%||2.4%||15.0%|
|Brent Crude Oil||55.81||0.3%||-2.9%||23.4%|
|Consumer Goods and Services||21,219.49||2.7%||7.8%||9.6%|
|Oil & Gas||7,800.30||-1.2%||-8.7%||54.2%|
|$ per £||1.24||0.2%||0.8%||-16.3%|
|€ per £||1.17||0.1%||-0.2%||-15.7%|
|¥ per £||140.70||0.5%||-2.6%||-22.7%|
|VIX Index (Volatility)||11.49||-2.3%||-18.2%||-22.9%|
|Baltic Dry Index||741.00||4.4%||-22.9%||101.1%|
|BoE Base Rate||0.25%|
|LIBOR (3 months)||0.36%|
|Consumer Price Index||1.80%|
|Retail Price Index||2.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||27.19|
|FTSE All Share Adj P/E||24.79|
|FTSE All Share Yld||3.83%|
|15yr Gilt Yield||1.63%|
|10yr Gilt Yield||1.21%|
|10yr US Tres Yield||2.41%|
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