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Investment Market Update

26 May 2017

World markets

FTSE 100 0.0% 7517.71
FTSE 250 0.1% 19967.58
Euro Stoxx 600 -0.1% 392.14
S&P 500 0.4% 2415.07
Nikkei -0.6% 19695.21
Hang Seng (HK$) 0.0% 25628.91


Asian shares were affected by a 5% drop in oil prices overnight as energy companies dragged down the markets. In Australia, shares of oil companies such as Woodside and Oil Search dropped nearly 3% each.


US stocks rose as rising sales at Best Buy and and cosmetics retailer Ulta brought rare good news for the US retail sector, bolstering markets on Thursday. Best Buy shares jumped more than 21% after the electronics retailer reported a rise in first-quarter sales.


UK stocks ended close to a record level on Thursday, but the mid-cap FTSE 250 index enjoyed the greater action. Wizz shares jumped 13.3% after reporting a 19% rise in passenger numbers and 10% increase in revenues.


  • The price of oil plummeted by about 5%, despite oil-producing nations agreeing to extend production cuts for a further nine months. Energy ministers from both Opec and non-Opec countries agreed to maintain output curbs, due to expire next month, until March 2018, but investors had been hoping the oil producers would go further.
  • New payday loan regulations come into force today, requiring all online lenders to advertise on at least one price comparison website. The new rules are the result of an investigation by the Competition and Markets Authority (CMA), published in February 2015.

Market data

UK (£)
FTSE 1007,517.710.0%5.2%14.4%
FTSE 25019,967.580.1%10.5%3.7%
FTSE All Share4,114.680.0%6.2%12.5%
FTSE Small Cap5,644.880.0%9.8%11.0%
St. James's Place1,177.00-0.3%18.4%3.9%
Europe (€)
Euro Stoxx 600392.14-0.1%8.5%-1.2%
DAX 3012,621.72-0.2%9.9%7.0%
CAC 405,337.16-0.1%9.8%4.9%
US (US$)
S&P 5002,415.070.4%7.9%9.5%
Dow Jones Ind21,082.950.3%6.7%13.4%
Hang Seng25,628.910.0%16.5%0.4%
Nikkei 22519,695.21-0.6%3.0%1.8%
Australia 2005,749.40-0.7%1.5%7.0%
MSCI AC Asia Pacific152.840.7%13.2%2.3%
World (US$)
MSCI World (Developed)1,914.590.4%9.3%5.3%
MSCI AC World (Dev & Em)464.880.4%10.2%5.6%
MSCI Emerging Markets1,014.550.9%17.7%8.6%
MSCI AC World Value205.600.3%5.8%9.5%
MSCI AC World Growth247.760.6%14.9%1.8%
Fixed Income
FTSE Gilts All Stocks3,608.600.2%2.4%8.5%
FTSE Index Linked All Stocks661.50-0.2%3.9%21.2%
ML Sterling Corporate Bonds395.800.2%3.8%10.7%
ML Global High Yield Bonds362.450.1%5.8%15.0%
Commodities (US$)
Brent Crude Oil51.46-4.6%-12.3%23.4%
UK Sectors
Basic Materials5,160.68-0.4%2.2%93.9%
Consumer Goods and Services22,856.140.6%16.1%9.6%
Health Care10,656.10-0.3%7.9%5.8%
Oil & Gas7,934.67-0.7%-7.2%54.2%
$ per £1.29-0.2%4.8%-16.3%
€ per £1.160.2%-1.4%-15.7%
¥ per £144.880.1%0.3%-22.7%
VIX Index (Volatility)9.99-0.3%-28.8%-22.9%
Baltic Dry Index918.00-1.7%-4.5%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.30%
Consumer Price Index2.70%
Retail Price Index3.50%
Yields / Ratios
FTSE 100 Adj P/E25.35
FTSE All Share Adj P/E23.87
FTSE All Share Yld3.75%
15yr Gilt Yield1.42%
10yr Gilt Yield1.04%
10yr US Tres Yield2.26%

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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