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

Investment Market Update

21 February 2019

World markets

FTSE 100 0.7% 7228.62
FTSE 250 0.7% 19202.03
Euro Stoxx 600 0.7% 371.46
S&P 500 0.2% 2784.70
Nikkei 0.2% 21464.23
Hang Seng (HK$) 0.0% 28515.05


Asian stocks were little changed following a report that US and Chinese negotiators were outlining a plan to end the trade war.


US stocks edged higher Wednesday, continuing a recent rally after minutes from the Federal Reserve’s latest meeting showed officials agreed to signal a pause in interest-rate increases until they could better judge rising risks to economic growth.


UK stocks closed higher, as stocks rallied after mid-day, lifted by positive mining and Lloyds Bank earnings results.


  • Four in ten private companies that have published their latest gender pay gap are reporting wider gaps than they did last year, according to BBC analysis. The BBC looked at a company's median pay gap - that is the difference in pay between the middle-ranking woman and the middle-ranking man.
  • Lloyds Banking Group said it set aside £750m in 2018 for further payment protection insurance claims. Banks are having to repay customers who did not want, need or understand the loan insurance. The addition takes the bank's total provision pot to £19.4bn. The bank is making fewer of these additions, it said, helping profits rise 24% to £4.4bn.

Market data

UK (£)
FTSE 1007,228.620.7%7.4%-12.5%
FTSE 25019,202.030.7%9.7%-15.6%
FTSE All Share3,957.930.7%7.7%-13.0%
FTSE Small Cap5,438.130.0%5.0%-12.4%
St. James's Place947.602.2%0.4%-23.0%
Europe (€)
Euro Stoxx 600371.460.7%10.0%-13.2%
DAX 3011,401.970.8%8.0%-18.3%
CAC 405,195.950.7%9.8%-11.0%
US (US$)
S&P 5002,784.700.2%11.1%-6.2%
Dow Jones Ind25,954.440.2%11.3%-5.6%
Hang Seng28,515.050.0%10.3%-13.6%
Nikkei 22521,464.230.2%7.2%-12.1%
Australia 2006,139.250.7%8.7%-6.9%
MSCI AC Asia Pacific158.740.8%8.2%-15.6%
World (US$)
MSCI World (Developed)2,083.640.4%10.6%-10.4%
MSCI AC World (Dev & Em)502.920.5%10.4%-11.2%
MSCI Emerging Markets1,049.321.2%8.7%-16.6%
MSCI AC World Value212.600.5%9.4%-13.2%
MSCI AC World Growth279.880.4%11.4%-9.2%
Fixed Income
FTSE Gilts All Stocks3,661.290.0%1.4%0.8%
FTSE Index Linked All Stocks656.650.3%2.2%-1.2%
ML Sterling Corporate Bonds402.070.0%2.7%-2.4%
ML Global High Yield Bonds383.110.1%5.0%-3.7%
Commodities (US$)
Brent Crude Oil67.080.9%24.2%-14.9%
UK Sectors
Basic Materials6,605.291.9%14.3%-9.2%
Consumer Goods and Services19,021.710.4%9.0%-21.0%
Health Care10,850.300.5%4.2%8.8%
Oil & Gas9,011.210.7%6.5%-7.4%
$ per £1.31-0.2%2.5%-6.2%
€ per £1.150.0%3.4%-1.3%
¥ per £144.35-0.3%3.3%-8.3%
VIX Index (Volatility)14.02-5.8%-44.8%160.2%
Baltic Dry Index622.00-2.0%-51.1%3.3%
UK Rates
BoE Base Rate0.75%
LIBOR (3 months)0.87%
Consumer Price Index1.80%
Retail Price Index2.50%
Yields / Ratios
FTSE 100 Adj P/E11.66
FTSE All Share Adj P/E11.92
FTSE All Share Yld4.52%
15yr Gilt Yield1.40%
10yr Gilt Yield1.18%
10yr US Tres Yield2.64%

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.


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.