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Investment Market Update

21 January 2019

World markets

FTSE 100 2.0% 6968.33
FTSE 250 1.2% 18764.47
Euro Stoxx 600 1.8% 357.05
S&P 500 1.3% 2670.71
Nikkei 0.3% 20719.33
Hang Seng (HK$) 0.3% 27184.95


Asian markets traded higher on Monday as investors digested fresh official data from China that showed the world’s second largest economy grew 6.6% in 2018, its slowest rate since 1990.


US stocks finished up on Friday after reports that China may be prepared to make new trade concessions.


UK stocks closed the week higher as investors took an optimistic view on the situation between the US and China.


  • Troubled cake chain Patisserie Valerie is facing a crucial few days after a deal with its banks expired on Friday. The UK firm said in October it had uncovered "significant, and potentially fraudulent, accounting irregularities".
  • Sports Direct founder Mike Ashley has placed a bid to buy music chain HMV. HMV collapsed last month, its second administration in six years, risking 2,200 jobs at 125 stores.

Market data

UK (£)
FTSE 1006,968.332.0%3.6%-12.5%
FTSE 25018,764.471.2%7.2%-15.6%
FTSE All Share3,826.121.8%4.1%-13.0%
FTSE Small Cap5,337.851.4%3.1%-12.4%
St. James's Place983.202.4%4.2%-23.0%
Europe (€)
Euro Stoxx 600357.051.8%5.7%-13.2%
DAX 3011,205.542.6%6.1%-18.3%
CAC 404,875.931.7%3.1%-11.0%
US (US$)
S&P 5002,670.711.3%6.5%-6.2%
Dow Jones Ind24,706.351.4%5.9%-5.6%
Hang Seng27,184.950.3%5.2%-13.6%
Nikkei 22520,719.330.3%3.5%-12.1%
Australia 2005,890.380.2%4.3%-6.9%
MSCI AC Asia Pacific153.350.6%4.5%-15.6%
World (US$)
MSCI World (Developed)2,000.761.3%6.2%-10.4%
MSCI AC World (Dev & Em)483.501.2%6.1%-11.2%
MSCI Emerging Markets1,018.000.9%5.4%-16.6%
MSCI AC World Value206.081.3%6.0%-13.2%
MSCI AC World Growth266.841.2%6.2%-9.2%
Fixed Income
FTSE Gilts All Stocks3,595.61-0.2%-0.4%0.8%
FTSE Index Linked All Stocks634.850.3%-1.2%-1.2%
ML Sterling Corporate Bonds393.270.1%0.4%-2.4%
ML Global High Yield Bonds376.110.3%3.1%-3.7%
Commodities (US$)
Brent Crude Oil62.702.5%16.5%-14.9%
UK Sectors
Basic Materials6,027.511.5%4.3%-9.2%
Consumer Goods and Services17,888.741.5%2.5%-21.0%
Health Care10,217.121.0%-1.9%8.8%
Oil & Gas8,760.182.6%3.5%-7.4%
$ per £1.300.7%1.7%-6.2%
€ per £1.140.5%2.3%-1.3%
¥ per £141.260.0%1.0%-19.7%
VIX Index (Volatility)17.80-1.4%-30.0%160.2%
Baltic Dry Index1,112.003.2%-12.5%3.3%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.93%
Consumer Price Index2.10%
Retail Price Index2.70%
Yields / Ratios
FTSE 100 Adj P/E11.61
FTSE All Share Adj P/E11.83
FTSE All Share Yld4.72%
15yr Gilt Yield1.56%
10yr Gilt Yield1.35%
10yr US Tres Yield2.78%

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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