Daily News – 15 March 2018
Investment Market Update
Asia
Asian stocks fell, tracking losses in US equities overnight over concerns that consumer spending is cooling in the world’s largest economy after retail sales data unexpectedly dropped.
US
US stocks fell after President Donald Trump sought to impose fresh tariffs on China, intensifying fears of a trade war that could raise costs and hurt overseas sales for US companies.
UK
UK stocks fell, as losses in the Oil Equipment Services & Distribution, Food & Drug Retailers and Oil & Gas Producers sectors led shares lower, a new 1-month low.
Headlines
China’s plan to allow overseas-listed tech cos. to list domestically via Chinese Depository Receipts would put pressure on A-share market liquidity and sentiment, potentially causing a selloff in overvalued ChiNext stocks, UBS Securities says.
Toys R Us is set to close or sell all of its 885 stores in the US in the coming months. That move would put about 33,000 jobs at risk.
Market data
| Price | 1d | YTD | 2017 | |
| UK (£) | ||||
| FTSE 100 | 7,132.69 | -0.10% | -7.20% | 7.60% |
| FTSE 250 | 19,820.12 | -0.20% | -4.40% | 14.70% |
| FTSE All Share | 3,943.63 | -0.10% | -6.60% | 9.00% |
| FTSE Small Cap | 5,750.13 | -0.60% | -2.70% | 14.90% |
| Europe (€) | ||||
| Euro Stoxx 600 | 374.94 | -0.10% | -3.70% | 7.70% |
| DAX 30 | 12,237.74 | 0.10% | -5.30% | 12.50% |
| CAC 40 | 5,233.36 | -0.20% | -1.50% | 9.30% |
| US (US$) | ||||
| S&P 500 | 2,749.48 | -0.60% | 2.80% | 19.40% |
| Dow Jones Ind | 24,758.12 | -1.00% | 0.20% | 25.10% |
| NASDAQ | 7,496.81 | -0.20% | 8.60% | 28.20% |
| Asia | ||||
| Hang Seng | 31,500.72 | 0.20% | 5.30% | 38.50% |
| Nikkei 225 | 21,803.95 | 0.10% | -4.20% | 19.10% |
| Australia 200 | 5,920.80 | -0.20% | -2.40% | 7.00% |
| MSCI AC Asia Pacific | 178.613 | -0.20% | 2.80% | 28.70% |
| World (US$) | ||||
| MSCI World (Developed) | 2,134.51 | -0.50% | 1.50% | 20.10% |
| MSCI AC World (Dev & Em) | 522.867 | -0.50% | 1.90% | 21.60% |
| MSCI Emerging Markets | 1,218.70 | -0.40% | 5.20% | 34.20% |
| MSCI AC World Value | 222.683 | -0.70% | -0.60% | 15.20% |
| MSCI AC World Growth | 288.953 | -0.30% | 4.40% | 28.30% |
| Fixed Income | ||||
| FTSE Gilts All Stocks | 3,558.37 | 0.70% | -0.90% | 3.00% |
| FTSE Index Linked All Stocks | 637.18 | 1.20% | -1.60% | 2.30% |
| ML Sterling Corporate Bonds | 395.313 | 0.40% | -1.40% | 5.70% |
| ML Global High Yield Bonds | 378.098 | -0.10% | 0.20% | 9.70% |
| Commodities (US$) | ||||
| Brent Crude Oil | 64.89 | 0.40% | -1.80% | 14.50% |
| Gold | 1,324.79 | -0.10% | 1.40% | 11.80% |
| UK Sectors | ||||
| Basic Materials | 6,184.34 | 0.90% | -2.10% | 25.00% |
| Consumer Goods and Services | 19,541.73 | 0.60% | -12.60% | 13.60% |
| Financials | 5,199.90 | -0.10% | -4.00% | 13.30% |
| Health Care | 8,934.42 | -0.30% | -6.10% | -3.70% |
| Industrials | 3,943.63 | -0.10% | -6.60% | 9.00% |
| Oil & Gas | 8,067.06 | -1.30% | -11.00% | 6.00% |
| Technology | 2,083.78 | -0.30% | -9.50% | 23.50% |
| Telecommunications | 2,886.90 | -0.30% | -14.70% | 0.10% |
| Utilities | 6,610.71 | 0.20% | -9.90% | -14.80% |
| Currencies | ||||
| $ per £ | 1.3971 | 0.00% | 3.40% | 9.50% |
| € per £ | 1.1275 | -0.20% | 0.10% | -4.00% |
| ¥ per £ | 148.959 | 0.20% | -2.10% | 5.30% |
| Indicators | ||||
| VIX Index (Volatility) | 17.23 | 5.40% | 56.10% | -21.40% |
| Baltic Dry Index | 1,179.00 | -1.10% | -13.70% | 42.14% |