DJS Wealth Adviser LLP

Partner Practice of St. James's Place Wealth Management


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Investment Market Update

18 September 2017

World markets

FTSE 100 -1.1% 7215.47
FTSE 250 -0.7% 19378.16
Euro Stoxx 600 -0.3% 380.71
S&P 500 0.2% 2500.23
Nikkei 0.0% 19909.50
Hang Seng (HK$) 1.1% 28118.61


Asian stocks advanced following a record breaking Wall Street session, while the yen declined as havens retreated amid optimism the US favors a peaceful resolution to North Korea’s nuclear threats.


US stocks rose, shrugging off weak economic data that was attributed to recent hurricanes. The rally came despite another missile test by North Korea and a terrorist attack in London, extending Wall Street's remarkable rise this year.


UK stocks closed lower as shares were hit by the continued rise in the value of the pound. Shares in JD Wetherspoon finished higher at 12.4% as the pub group reported a rise in full-year sales and profits.


  • Bank of England officials aren’t the only ones feeling a bit more bullish about the UK economy. The Centre for Economics and Business Research upgraded its outlook for the nation’s economy, citing a pickup in manufacturing and a view that the worst of the consumer spending squeeze has passed. The group now expects UK growth of 1.6% this year and 1.4% in 2018.
  • Europe and China are stepping up their coordination in the battle against global warming after the US decided to withdraw from a landmark Paris agreement to cut greenhouse gases, said Frans Timmermans, first vice president of the European Commission.

Market data

UK (£)
FTSE 1007,215.47-1.1%1.0%14.4%
FTSE 25019,378.16-0.7%7.2%3.7%
FTSE All Share3,962.44-1.0%2.3%12.5%
FTSE Small Cap5,642.21-0.4%9.7%11.0%
St. James's Place1,108.00-0.6%12.9%3.9%
Europe (€)
Euro Stoxx 600380.71-0.3%5.3%-1.2%
DAX 3012,518.81-0.2%9.0%7.0%
CAC 405,213.91-0.2%7.2%4.9%
US (US$)
S&P 5002,500.230.2%11.7%9.5%
Dow Jones Ind22,268.340.3%12.7%13.4%
Hang Seng28,118.611.1%27.8%0.4%
Nikkei 22519,909.500.0%4.2%1.8%
Australia 2005,720.600.4%1.0%7.0%
MSCI AC Asia Pacific162.390.0%20.3%2.3%
World (US$)
MSCI World (Developed)1,987.720.2%13.5%5.3%
MSCI AC World (Dev & Em)485.180.2%15.0%5.6%
MSCI Emerging Markets1,102.160.2%27.8%8.6%
MSCI AC World Value213.340.2%9.8%9.5%
MSCI AC World Growth260.030.2%20.6%1.8%
Fixed Income
FTSE Gilts All Stocks3,521.24-0.8%-0.1%8.5%
FTSE Index Linked All Stocks625.47-2.1%-1.8%21.2%
ML Sterling Corporate Bonds392.55-0.6%3.0%10.7%
ML Global High Yield Bonds373.990.2%9.2%15.0%
Commodities (US$)
Brent Crude Oil55.620.3%-5.4%23.4%
UK Sectors
Basic Materials5,633.17-1.6%11.5%93.9%
Consumer Goods and Services21,582.000.0%9.6%9.6%
Health Care9,570.61-1.5%-3.1%5.8%
Oil & Gas7,726.14-1.5%-9.6%54.2%
$ per £1.34-1.5%8.5%-16.3%
€ per £1.13-1.0%-4.0%-15.7%
¥ per £148.25-1.6%2.6%-22.7%
VIX Index (Volatility)10.17-2.6%-27.6%-22.9%
Baltic Dry Index1,385.001.8%44.1%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.30%
Consumer Price Index2.90%
Retail Price Index3.90%
Yields / Ratios
FTSE 100 Adj P/E21.71
FTSE All Share Adj P/E20.96
FTSE All Share Yld3.86%
15yr Gilt Yield1.63%
10yr Gilt Yield1.31%
10yr US Tres Yield2.20%

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.


DJS Wealth Adviser LLP

David Seviour DipPFS

Principal of DJS Wealth Adviser LLP

Partner Practice of St. James's Place Wealth Management

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