Investment Market Update
Asian stocks traded mixed on Thursday, as several regional markets shrugged off weakness seen overnight on Wall Street.
US stocks were unable to shake off the jitters around the tech sector, closing lower on the day. The tech juggernaut appears to be starting to misfire quite badly, with some of the biggest decliners from that sector being Facebook, Amazon, Apple, Netflix and Google.
UK stocks managed to close in positive territory as Wall Street was mixed and the pound strengthened. The UK blue-chip index finished over 44 points higher at 7,044, but big miners tempered gains.
- Technology shares, which helped power the rise of the US stock market last year, are pulling it lower now. The tech-rich Nasdaq index dropped on Wednesday, driven by declines in firms such as Amazon, Tesla and Broadcom.
- MPs are to probe the scale of money laundering in the UK, including property bought with suspected Russian "dirty money". It follows claims that £4.4bn of UK property may have been bought with suspicious wealth, with more than a fifth, or £880m, purchased by Russians.
|FTSE All Share||3,885.16||0.50%||-8.00%||9.00%|
|FTSE Small Cap||5,579.93||-0.30%||-5.60%||14.90%|
|St. James's Place||1,090.00||-0.20%||-11.10%||20.90%|
|Euro Stoxx 600||369.26||0.50%||-5.10%||7.70%|
|Dow Jones Ind||23,848.42||0.00%||-3.50%||25.10%|
|MSCI AC Asia Pacific||171.798||-1.70%||-1.20%||28.70%|
|MSCI World (Developed)||2,047.75||-0.40%||-2.60%||20.10%|
|MSCI AC World (Dev & Em)||501.272||-0.60%||-2.30%||21.60%|
|MSCI Emerging Markets||1,162.67||-1.90%||0.40%||34.20%|
|MSCI AC World Value||215.309||-0.30%||-3.90%||15.20%|
|MSCI AC World Growth||274.803||-0.80%||-0.70%||28.30%|
|FTSE Gilts All Stocks||3,594.46||0.40%||0.20%||3.00%|
|FTSE Index Linked All Stocks||643.47||0.70%||-0.70%||2.30%|
|ML Sterling Corporate Bonds||394.875||0.30%||-1.50%||5.70%|
|ML Global High Yield Bonds||376.661||-0.10%||-0.20%||9.70%|
|Brent Crude Oil||69.53||-0.80%||5.20%||14.50%|
|Consumer Goods and Services||19,374.74||2.60%||-13.40%||13.60%|
|Oil & Gas||8,191.61||-1.10%||-9.60%||6.00%|
|$ per £||1.4169||0.40%||4.90%||9.50%|
|€ per £||1.1414||-0.10%||1.40%||-4.00%|
|¥ per £||149.82401||-0.20%||-1.60%||5.30%|
|VIX Index (Volatility)||22.87||1.60%||107.20%||-21.40%|
|Baltic Dry Index||1,080.00||-3.30%||-20.90%||42.14%|
|BoE Base Rate||0.50%|
|LIBOR (3 months)||0.68%|
|Consumer Price Index||2.70%|
|Retail Price Index||3.60%|
|Yields / Ratios|
|FTSE 100 Adj P/E||12.57626|
|FTSE All Share Adj P/E||12.93543|
|FTSE All Share Yld||4.16%|
|15yr Gilt Yield||1.60%|
|10yr Gilt Yield||1.37%|
|10yr US Tres Yield||2.78%|
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.
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