Daily News – 21 February 2018
Investment Market Update
Asia
Asian stocks meandered as US equity futures pared gains while shorter-dated US Treasuries extended declines amid a massive debt issuance. The dollar continued to strengthen.
US
US stocks closed lower on Tuesday, with 10 of the 11 primary S&P 500 sectors ending lower on the day. Technology was the only positive group, up 0.3%.
UK
UK stocks remain flat, as fund managers are eyeing a recovery for cheap UK shares, as the stock market continues to be shunned by global investors following the Brexit vote.
Headlines
Walmart shares suffered their biggest percentage fall for more than three decades on Tuesday after reporting disappointing online sales figures for the Christmas period.
Indian shares advanced after three days of declines, led by a rally in software exporters. Gains were muted as Tata Steel Ltd. fell after a report of a rival bid for a smaller competitor.
Market data
| Price | 1d | YTD | 2017 | |
| UK (£) | ||||
| FTSE 100 | 7,246.77 | 0.00% | -5.70% | 7.60% |
| FTSE 250 | 19,802.91 | 0.80% | -4.50% | 14.70% |
| FTSE All Share | 3,991.90 | 0.10% | -5.40% | 9.00% |
| FTSE Small Cap | 5,700.55 | -0.70% | -3.60% | 14.90% |
| Europe (€) | ||||
| Euro Stoxx 600 | 380.51 | 0.60% | -2.20% | 7.70% |
| DAX 30 | 12,487.90 | 0.80% | -3.30% | 12.50% |
| CAC 40 | 5,289.86 | 0.60% | -0.40% | 9.30% |
| US (US$) | ||||
| S&P 500 | 2,716.26 | -0.60% | 1.60% | 19.40% |
| Dow Jones Ind | 24,964.75 | -1.00% | 1.00% | 25.10% |
| NASDAQ | 7,234.31 | -0.10% | 4.80% | 28.20% |
| Asia | ||||
| Hang Seng | 31,341.33 | 1.50% | 4.80% | 38.50% |
| Nikkei 225 | 21,970.81 | 0.20% | -3.50% | 19.10% |
| Australia 200 | 5,943.72 | 0.00% | -2.00% | 7.00% |
| MSCI AC Asia Pacific | 176.614 | -0.80% | 1.60% | 28.70% |
| World (US$) | ||||
| MSCI World (Developed) | 2,126.22 | -0.50% | 1.10% | 20.10% |
| MSCI AC World (Dev & Em) | 519.812 | -0.50% | 1.30% | 21.60% |
| MSCI Emerging Markets | 1,194.53 | -0.50% | 3.10% | 34.20% |
| MSCI AC World Value | 223.605 | -0.70% | -0.20% | 15.20% |
| MSCI AC World Growth | 284.561 | -0.20% | 2.80% | 28.30% |
| Fixed Income | ||||
| FTSE Gilts All Stocks | 3,506.32 | 0.30% | -2.30% | 3.00% |
| FTSE Index Linked All Stocks | 631.19 | 0.80% | -2.60% | 2.30% |
| ML Sterling Corporate Bonds | 392.566 | 0.20% | -2.10% | 5.70% |
| ML Global High Yield Bonds | 378.408 | -0.10% | 0.30% | 9.70% |
| Commodities (US$) | ||||
| Brent Crude Oil | 65.25 | -0.60% | -1.80% | 14.50% |
| Gold | 1,329.53 | -1.30% | 1.80% | 11.80% |
| UK Sectors | ||||
| Basic Materials | 6,285.59 | -0.90% | -0.50% | 25.00% |
| Consumer Goods and Services | 20,119.87 | 0.30% | -10.00% | 13.60% |
| Financials | 5,268.78 | -0.40% | -2.70% | 13.30% |
| Health Care | 8,879.96 | 0.50% | -6.70% | -3.70% |
| Industrials | 3,991.90 | 0.10% | -5.40% | 9.00% |
| Oil & Gas | 8,234.57 | 0.00% | -9.10% | 6.00% |
| Technology | 2,064.03 | 1.80% | -10.30% | 23.50% |
| Telecommunications | 2,921.49 | 0.20% | -13.70% | 0.10% |
| Utilities | 6,355.36 | 0.40% | -13.40% | -14.80% |
| Currencies | ||||
| $ per £ | 1.4014 | 0.10% | 3.70% | 9.50% |
| € per £ | 1.1289 | -0.50% | 0.30% | -4.00% |
| ¥ per £ | 149.33299 | -0.60% | -1.90% | 5.30% |
| Indicators | ||||
| VIX Index (Volatility) | 20.6 | 5.90% | 86.60% | -21.40% |
| Baltic Dry Index | 1,117.00 | 2.80% | -18.20% | 42.14% |
| UK Rates | ||||
| BoE Base Rate | 0.50% | |||
| LIBOR (3 months) | 0.55% | |||
| Consumer Price Index | 3.00% | |||
| Retail Price Index | 4.00% |
| Yields / Ratios | ||||
| FTSE 100 Adj P/E | 17.94965 | |||
| FTSE All Share Adj P/E | 17.72105 | |||
| FTSE All Share Yld | 4.01% | |||
| 15yr Gilt Yield | 1.82% | |||
| 10yr Gilt Yield | 1.59% | |||
| 10yr US Tres Yield | 2.89% |