Matthew Newton Wealth Management Ltd

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


to help you make informed decisions about your wealth
Archived article
Photo of coffee and notebook

Investment Market Update

26 April 2017

World markets

FTSE 100 0.2% 7275.64
FTSE 250 -0.1% 19582.33
Euro Stoxx 600 0.2% 386.91
S&P 500 0.6% 2388.61
Nikkei 1.0% 19270.73
Hang Seng (HK$) 0.5% 24585.66


Asian stocks extended a global rally after corporate results and hopes of US tax reform boosted optimism for global growth. Weakness in the yen lifted Japanese equities for a fifth day.


US stocks increased as the Nasdaq index broke through the 6,000 level for the first time, as stocks were buoyed by some strong company results.


UK stocks increased slightly as the market paused after Monday's 2% rise in the wake of the French presidential election vote.


  • Government borrowing fell by £20bn to £52bn in the year to the end of March, according to official data. That was the lowest level since the financial crisis of 2008, the Office for National Statistics said. In Chancellor Philip Hammond's Budget last month, the Office for Budget Responsibility had forecast the deficit would be slightly lower at £51.7bn.
  • PSA Group’s first-quarter revenue rose 4.9% as the maker of Peugeot, Citroen and DS cars raised prices and sold more auto components. Sales increased to 13.6 billion eurosfrom 13 billion euros a year earlier, the Paris-based manufacturer said Wednesday in a statement. Automotive revenue increased 2.5% while sales at the Faurecia parts unit jumped 9.4%.

Market data

UK (£)
FTSE 1007,275.640.2%1.9%14.4%
FTSE 25019,582.33-0.1%8.3%3.7%
FTSE All Share3,992.200.1%3.1%12.5%
FTSE Small Cap5,509.440.4%7.1%11.0%
St. James's Place1,128.001.2%13.5%3.9%
Europe (€)
Euro Stoxx 600386.910.2%7.1%-1.2%
DAX 3012,467.040.1%8.6%7.0%
CAC 405,277.880.2%8.5%4.9%
US (US$)
S&P 5002,388.610.6%6.7%9.5%
Dow Jones Ind20,996.121.1%6.2%13.4%
Hang Seng24,585.660.5%11.8%0.4%
Nikkei 22519,270.731.0%0.8%1.8%
Australia 2005,912.000.7%4.3%7.0%
MSCI AC Asia Pacific148.780.7%10.2%2.3%
World (US$)
MSCI World (Developed)1,882.040.6%7.5%5.3%
MSCI AC World (Dev & Em)456.230.6%8.2%5.6%
MSCI Emerging Markets982.651.2%14.0%8.6%
MSCI AC World Value204.680.7%5.3%9.5%
MSCI AC World Growth239.730.6%11.2%1.8%
Fixed Income
FTSE Gilts All Stocks3,588.14-0.2%1.8%8.5%
FTSE Index Linked All Stocks656.53-0.5%3.1%21.2%
ML Sterling Corporate Bonds390.48-0.1%2.4%10.7%
ML Global High Yield Bonds357.670.2%4.4%15.0%
Commodities (US$)
Brent Crude Oil52.101.0%-10.8%23.4%
UK Sectors
Basic Materials5,217.820.2%3.3%93.9%
Consumer Goods and Services22,075.44-0.5%12.2%9.6%
Health Care10,187.940.9%3.1%5.8%
Oil & Gas7,656.570.3%-10.4%54.2%
$ per £1.28-0.5%3.6%-16.3%
€ per £1.180.5%0.5%-15.7%
¥ per £140.34-1.5%-2.9%-22.7%
VIX Index (Volatility)10.76-0.7%-23.4%-22.9%
Baltic Dry Index1,154.00-1.4%20.1%101.1%
UK Rates
BoE Base Rate0.25%
LIBOR (3 months)0.33%
Consumer Price Index2.30%
Retail Price Index3.10%
Yields / Ratios
FTSE 100 Adj P/E26.50
FTSE All Share Adj P/E24.74
FTSE All Share Yld3.86%
15yr Gilt Yield1.47%
10yr Gilt Yield1.09%
10yr US Tres Yield2.33%

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.


Matthew Newton Wealth Management Ltd

Matthew Newton

Director of Matthew Newton Wealth Management Ltd

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

Sign up for our E-Briefing Service

Stay informed of the latest market, investment & wealth management news.


We value your opinion

We are always looking for ways to improve our service, so if there is something you think we could do better, or that you think we are doing really well, we would love to hear from you.

The only thing we ask is that you do not include any personal information, like account numbers, in your email. If your matter is urgent, needing our personal attention, please contact your local office.

You may be contacted to follow up on your comments.


If you wish to complain about any aspect of our service, we will do what we can not only to meet, but exceed your expectations of a swift and thorough resolution. More details of our complaints procedure can be found here.