Matthew Newton Wealth Management Ltd

Senior Partner Practice of St. James's Place Wealth Management


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Investment Market Update

01 March 2018

World markets

FTSE 100 -0.7% 7231.91
FTSE 250 -0.9% 19687.27
Euro Stoxx 600 -0.7% 379.63
S&P 500 -1.1% 2713.83
Nikkei -1.6% 21724.47
Hang Seng (HK$) 0.0% 30849.42


Asian stocks fell for a third day, as the dollar rose ahead of Federal Reserve Chairman Jerome Powell’s second congressional appearance this week later today.


US stocks closed lower, ending the negative month of February on a down note as concerns over inflation and interest rates continued to drive trading. 


UK stocks fell, with ITV, Taylor Wimpey and miners weighing on the large cap index, while the pound fell on Brexit uncertainty after the the release of the EU's draft withdrawal treaty.


  • Theresa May will meet top EU official Donald Tusk on Thursday, 24 hours before a major speech on British relations with the bloc after Brexit. Her talks with the European Council president come amid tensions over the EU's draft withdrawal treaty.
  • Spotify, the world's biggest music streaming service, has filed paperwork to start trading its shares publicly on the New York Stock Exchange. The firm said it expects shares to sell at prices that could value the business at more than $23bn (£16.7bn).

Market data

UK (£)
FTSE 1007,231.91-0.7%-5.9%7.6%
FTSE 25019,687.27-0.9%-5.0%14.7%
FTSE All Share3,981.61-0.7%-5.7%9.0%
FTSE Small Cap5,704.23-0.9%-3.5%14.9%
St. James's Place1,154.502.6%-5.8%20.9%
Europe (€)
Euro Stoxx 600379.63-0.7%-2.5%7.7%
DAX 3012,435.85-0.4%-3.7%12.5%
CAC 405,320.49-0.4%0.1%9.3%
US (US$)
S&P 5002,713.83-1.1%1.5%19.4%
Dow Jones Ind25,029.20-1.5%1.3%25.1%
Hang Seng30,849.420.0%3.1%38.5%
Nikkei 22521,724.47-1.6%-4.6%19.1%
Australia 2005,973.34-0.7%-1.5%7.0%
MSCI AC Asia Pacific177.36-0.9%2.0%28.7%
World (US$)
MSCI World (Developed)2,117.99-1.1%0.7%20.1%
MSCI AC World (Dev & Em)518.08-1.1%1.0%21.6%
MSCI Emerging Markets1,195.19-1.4%3.2%34.2%
MSCI AC World Value222.27-1.2%-0.8%15.2%
MSCI AC World Growth284.33-1.0%2.7%28.3%
Fixed Income
FTSE Gilts All Stocks3,526.150.5%-1.8%3.0%
FTSE Index Linked All Stocks632.300.8%-2.4%2.3%
ML Sterling Corporate Bonds393.370.3%-1.9%5.7%
ML Global High Yield Bonds377.70-0.1%0.1%9.7%
Commodities (US$)
Brent Crude Oil64.73-2.7%-2.1%14.5%
UK Sectors
Basic Materials6,261.27-2.4%-0.9%25.0%
Consumer Goods and Services19,708.21-1.2%-11.9%13.6%
Health Care8,877.550.0%-6.7%-3.7%
Oil & Gas8,337.06-0.2%-8.0%6.0%
$ per £1.391.0%3.0%9.5%
€ per £1.140.7%1.0%-4.0%
¥ per £149.521.6%-1.8%5.3%
VIX Index (Volatility)19.856.8%79.8%-21.4%
Baltic Dry Index1,192.000.3%-12.7%42.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.58%
Consumer Price Index3.00%
Retail Price Index4.00%
Yields / Ratios
FTSE 100 Adj P/E13.23
FTSE All Share Adj P/E13.56
FTSE All Share Yld4.04%
15yr Gilt Yield1.75%
10yr Gilt Yield1.50%
10yr US Tres Yield2.86%

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 2018. "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.


Matthew Newton Wealth Management Ltd

Matthew Newton

Director of Matthew Newton Wealth Management Ltd

Senior Partner Practice of St. James's Place Wealth Management

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