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Investment Market Update

22 February 2017

World markets

FTSE 100 -0.3% 7274.83
FTSE 250 0.1% 18772.21
Euro Stoxx 600 0.6% 373.40
S&P 500 0.6% 2365.38
Nikkei 0.0% 19379.87
Hang Seng (HK$) 0.8% 24161.24


Asian stocks rose as markets from Hong Kong to Singapore followed a rally in the US. Toshiba shares soared 18.5% on Wednesday as investors snapped up shares on expectations it will soon sell off a stake in its prized microchip business.


US stocks advanced following a three-day weekend as climbing oil prices boosted energy companies, and helped in part by merger and acquisition activity.


UK stocks fell back slightly with the biggest drop of the day coming from global bank HSBC, with a fall of nearly 7%, as they reported a 62% drop in profits. Shares in Rolls-Royce rose 3.5%, as investors continued to react to Goldman Sachs upgrading its rating on the shares to "buy".


  • Lloyds Banking Group Plc, Britain’s largest mortgage lender, swung to a fourth-quarter profit even as it faced more than £700 million of conduct and restructuring charges. Pre-tax profit was £973 million, compared to a loss of £507 million a year earlier.
  • OPEC and Russia will need to pro-long their six-month deal to cut oil output if they plan to trim the global inventory glut that has kept a lid on prices, said Total SA Chief Executive Officer Patrick Pouyanne.

Market data

UK (£)
FTSE 1007,274.83-0.3%1.8%14.4%
FTSE 25018,772.210.1%3.8%3.7%
FTSE All Share3,960.17-0.3%2.2%12.5%
FTSE Small Cap5,353.020.1%4.1%11.0%
St. James's Place1,090.00-1.1%7.5%3.9%
Europe (€)
Euro Stoxx 600373.400.6%3.3%-1.2%
DAX 3011,967.491.2%4.2%7.0%
CAC 404,888.760.5%0.5%4.9%
US (US$)
S&P 5002,365.380.6%5.7%9.5%
Dow Jones Ind20,743.000.6%5.0%13.4%
Hang Seng24,161.240.8%9.8%0.4%
Nikkei 22519,379.870.0%1.4%1.8%
Australia 2005,805.100.2%2.5%7.0%
MSCI AC Asia Pacific145.270.1%7.6%2.3%
World (US$)
MSCI World (Developed)1,843.050.3%5.2%5.3%
MSCI AC World (Dev & Em)445.920.3%5.7%5.6%
MSCI Emerging Markets945.640.2%9.7%8.6%
MSCI AC World Value202.670.3%4.3%9.5%
MSCI AC World Growth231.230.4%7.2%1.8%
Fixed Income
FTSE Gilts All Stocks3,506.44-0.1%-0.5%8.5%
FTSE Index Linked All Stocks626.83-1.0%-1.6%21.2%
ML Sterling Corporate Bonds381.76-0.1%0.1%10.7%
ML Global High Yield Bonds350.940.1%2.5%15.0%
Commodities (US$)
Brent Crude Oil56.660.9%-1.4%23.4%
UK Sectors
Basic Materials5,754.950.0%13.9%93.9%
Consumer Goods and Services21,009.760.4%6.7%9.6%
Health Care10,247.390.2%3.7%5.8%
Oil & Gas7,836.160.9%-8.3%54.2%
$ per £1.250.3%1.2%-16.3%
€ per £1.190.4%1.2%-15.7%
¥ per £141.720.2%-1.9%-22.7%
VIX Index (Volatility)11.570.7%-17.6%-22.9%
Baltic Dry Index778.002.8%-19.0%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.36%
Consumer Price Index1.80%
Retail Price Index2.60%
Yields / Ratios
FTSE 100 Adj P/E28.15
FTSE All Share Adj P/E25.52
FTSE All Share Yld3.83%
15yr Gilt Yield1.66%
10yr Gilt Yield1.24%
10yr US Tres Yield2.43%

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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