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St. James's Place Wealth Management


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Investment Market Update

07 June 2018

World markets

FTSE 100 0.3% 7712.37
FTSE 250 0.6% 21171.40
Euro Stoxx 600 0.0% 386.88
S&P 500 0.9% 2772.35
Nikkei 1.0% 22847.52
Hang Seng (HK$) 0.5% 31409.15


Asian stock markets rose on Thursday following a rally on Wall Street as remarks by a European Central Bank board member eased worries about the new Italian government's spending plans.


US stocks rallied for their fourth gain in a row Wednesday as banks climbed along with bond yields. On Wall Street there were signs investors were getting a bit less nervous about trade tensions.


UK stocks ended slightly up, as fears over a potentially contentious G7 summit later this week dampened gains in mining stocks. 


  • The collapse of construction giant Carillion will cost UK taxpayers an estimated £148m, the National Audit Office has said. There will also be wider costs to the economy, Carillion's customers, staff, the supply chain and creditors, the NAO said in a report.
  • ​Landlords have called for a government review as more struggling retailers ask for rent reductions. The British Property Federation (BPF) says too many companies are abusing an insolvency process called a Company Voluntary Arrangement (CVA). The pushback from landlords comes as House of Fraser tries to finalise a restructuring plan that involves a CVA.

Market data

UK (£)
FTSE 1007,712.370.3%0.3%7.6%
FTSE 25021,171.400.6%2.1%14.7%
FTSE All Share4,249.820.4%0.7%9.0%
FTSE Small Cap5,996.520.6%1.4%14.9%
St. James's Place1,199.000.7%-2.2%20.9%
Europe (€)
Euro Stoxx 600386.880.0%-0.6%7.7%
DAX 3012,830.070.3%-0.7%12.5%
CAC 405,457.56-0.1%2.7%9.3%
US (US$)
S&P 5002,772.350.9%3.7%19.4%
Dow Jones Ind25,146.391.4%1.7%25.1%
Hang Seng31,409.150.5%5.0%38.5%
Nikkei 22522,847.521.0%0.4%19.1%
Australia 2006,058.300.6%-0.1%7.0%
MSCI AC Asia Pacific175.310.4%0.9%28.7%
World (US$)
MSCI World (Developed)2,136.740.8%1.6%20.1%
MSCI AC World (Dev & Em)519.750.8%1.3%21.6%
MSCI Emerging Markets1,150.170.5%-0.7%34.2%
MSCI AC World Value217.930.8%-2.7%15.2%
MSCI AC World Growth291.430.7%5.3%28.3%
Fixed Income
FTSE Gilts All Stocks3,560.00-1.0%-0.8%3.0%
FTSE Index Linked All Stocks628.21-1.8%-3.0%2.3%
ML Sterling Corporate Bonds392.71-0.7%-2.0%5.7%
ML Global High Yield Bonds373.670.1%-1.0%9.7%
Commodities (US$)
Brent Crude Oil75.360.0%15.7%14.5%
UK Sectors
Basic Materials6,959.072.5%10.2%25.0%
Consumer Goods and Services19,983.67-0.7%-10.6%13.6%
Health Care10,246.02-0.1%7.7%-3.7%
Oil & Gas9,684.95-0.2%6.9%6.0%
$ per £1.34-0.2%-1.0%9.5%
€ per £1.140.3%1.4%-4.0%
¥ per £146.63-0.7%-3.7%5.3%
VIX Index (Volatility)11.64-6.1%5.4%-21.4%
Baltic Dry Index1,340.007.3%-1.9%42.1%
UK Rates
BoE Base Rate0.50%
LIBOR (3 months)0.63%
Consumer Price Index2.40%
Retail Price Index3.40%
Yields / Ratios
FTSE 100 Adj P/E13.20
FTSE All Share Adj P/E13.63
FTSE All Share Yld3.93%
15yr Gilt Yield1.67%
10yr Gilt Yield1.37%
10yr US Tres Yield2.97%

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.


Maplewood Financial Planning

Maplewood Financial Planning

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

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