Daily News – 26 March 2018

Investment Market Update

26 March 2018

Asia

Asian stocks fell, extending last week’s selloff that erased all gains for 2018, as investors are still wary of taking risk amid worries of American protectionist policies.

US

US stocks fell on Friday, as investors shied away from risky bets going into the weekend while they braced for a potential US trade war with China.

UK

UK stocks declined, amid investor concerns that the escalation of the potentail trade war between China and the US would curb global growth.

Headlines

Employers that fail to publish their gender pay gap on time are being warned they are in the “last chance saloon” and may face “unlimited fines”, according to the Equality and Human Rights Commission.

Car sales in Britain are set to decline this year amid a slowdown in consumer spending, a report has claimed. Ratings agency Moody’s said new car registrations were likely to fall 5.5% in 2018.

Market data

Price 1d YTD 2017
UK (£)
FTSE 100 6,921.94 -0.4% -10.0% 7.6%
FTSE 250 19,319.48 -0.4% -6.8% 14.7%
FTSE All Share 3,830.25 -0.4% -9.3% 9.0%
FTSE Small Cap 5,592.03 -0.5% -5.4% 14.9%
Europe (€)
Euro Stoxx 600 365.82 -0.9% -6.0% 7.7%
DAX 30 11,886.31 -1.8% -8.0% 12.5%
CAC 40 5,095.22 -1.4% -4.1% 9.3%
US (US$)
S&P 500 2,588.26 -2.1% -3.2% 19.4%
Dow Jones Ind 23,533.20 -1.8% -4.8% 25.1%
NASDAQ 6,992.67 -2.4% 1.3% 28.2%
Asia
Hang Seng 30,156.16 -0.5% 0.8% 38.5%
Nikkei 225 20,693.40   0.4% -9.1% 19.1%
Australia 200 5,790.50 -0.5% -4.5% 7.0%
MSCI AC Asia Pacific 171.97 -2.6% -1.1% 28.7%
World (US$)
MSCI World (Developed) 2,036.55 -1.8% -3.2% 20.1%
MSCI AC World (Dev & Em) 499.36 -1.8% -2.7% 21.6%
MSCI Emerging Markets 1,172.10 -2.1% 1.2% 34.2%
MSCI AC World Value 213.44 -1.7% -4.7% 15.2%
MSCI AC World Growth 275.04 -1.9% -0.6% 28.3%
Fixed Income
FTSE Gilts All Stocks 3,574.14 -0.4% -0.4% 3.0%
FTSE Index Linked All Stocks 640.35 -0.7% -1.1% 2.3%
ML Sterling Corporate Bonds 393.03 -0.4% -1.9% 5.7%
ML Global High Yield Bonds 376.53    0.0% -0.2% 9.7%
Commodities (US$)
Brent Crude Oil 70.45  2.2% 6.6% 14.5%
Gold 1,347.41  1.5% 3.2% 11.8%
UK Sectors
Basic Materials 5,906.81 -0.3% -6.5% 25.0%
Consumer Goods and Services 18,853.45 0.1% -15.7% 13.6%
Financials 5,055.65 -1.4% -6.6% 13.3%
Health Care 8,872.90  0.6% -6.7% -3.7%
Industrials 3,830.25 -0.4% -9.3% 9.0%
Oil & Gas 8,063.10 -0.2% -11.0% 6.0%
Technology 1,671.35  0.9% -27.4% 23.5%
Telecommunications 2,773.96  0.6% -18.0% 0.1%
Utilities 6,425.82  0.3% -12.4% -14.8%
Currencies
$ per £ 1.41 -0.2% 4.4% 9.5%
€ per £ 1.15  0.2% 1.8% -4.0%
¥ per £ 149.17  0.8% -2.0% 5.3%
Indicators
VIX Index (Volatility) 24.87 6.6% 125.3% -21.4%
Baltic Dry Index 1,122.00 0.4% -17.9% 42.1%