Daily News – 14 March 2018
Investment Market Update
Asia
Asian stocks fell, tracking declines in the US as fresh turmoil over a sudden shakeup in President Donald Trump’s administration dampened investor sentiment.
US
US stocks fell, as the technology and financial sectors came under pressure even as investors mostly shrugged off President Donald Trump’s decision to replace Secretary of State Rex Tillerson.
UK
UK stocks declined, having been steady up until midday, the FTSE 100 fell 1.1% to finish at 7,138.78, where it was last Wednesday morning.
Headlines
Chancellor Philip Hammond has unveiled upgraded projections for growth and predicted falling inflation and borrowing in his Spring Statement. He claimed the UK economy had reached a turning point and there was “light at the end of the tunnel”.
The UK’s fourth-biggest supermarket chain Morrisons has announced an 11% jump in full-year profits as it continues its turnaround programme.
Market data
| Price | 1d | YTD | 2017 | |
| UK (£) | ||||
| FTSE 100 | 7,138.78 | -1.1% | -7.1% | 7.6% |
| FTSE 250 | 19,863.23 | -1.3% | -4.2% | 14.7% |
| FTSE All Share | 3,948.56 | -1.1% | -6.5% | 9.0% |
| FTSE Small Cap | 5,782.14 | -0.4% | -2.2% | 14.9% |
| Europe (€) | ||||
| Euro Stoxx 600 | 375.49 | -1.0% | -3.5% | 7.7% |
| DAX 30 | 12,221.03 | -1.6% | -5.4% | 12.5% |
| CAC 40 | 5,242.79 | -0.6% | -1.3% | 9.3% |
| US (US$) | ||||
| S&P 500 | 2,765.31 | -0.6% | 3.4% | 19.4% |
| Dow Jones Ind | 25,007.03 | -0.7% | 1.2% | 25.1% |
| NASDAQ | 7,511.01 | -1.0% | 8.8% | 28.2% |
| Asia | ||||
| Hang Seng | 31,186.18 | -1.3% | 4.2% | 38.5% |
| Nikkei 225 | 21,777.29 | -0.9% | -4.3% | 19.1% |
| Australia 200 | 5,935.31 | -0.7% | -2.1% | 7.0% |
| MSCI AC Asia Pacific | 178.98 | 0.2% | 3.0% | 28.7% |
| World (US$) | ||||
| MSCI World (Developed) | 2,144.60 | -0.4% | 2.0% | 20.1% |
| MSCI AC World (Dev & Em) | 525.31 | -0.4% | 2.4% | 21.6% |
| MSCI Emerging Markets | 1,223.83 | 0.1% | 5.6% | 34.2% |
| MSCI AC World Value | 224.15 | -0.3% | 0.1% | 15.2% |
| MSCI AC World Growth | 289.79 | -0.4% | 4.7% | 28.3% |
| Fixed Income | ||||
| FTSE Gilts All Stocks | 3,532.87 | 0.4% | -1.6% | 3.0% |
| FTSE Index Linked All Stocks | 629.62 | 0.7% | -2.8% | 2.3% |
| ML Sterling Corporate Bonds | 393.81 | 0.2% | -1.7% | 5.7% |
| ML Global High Yield Bonds | 378.66 | 0.1% | 0.3% | 9.7% |
| Commodities (US$) | ||||
| Brent Crude Oil | 64.64 | -0.5% | -2.2% | 14.5% |
| Gold | 1,326.77 | 0.5% | 1.6% | 11.8% |
| UK Sectors | ||||
| Basic Materials | 6,127.69 | 0.3% | -3.0% | 25.0% |
| Consumer Goods and Services | 19,416.44 | -1.7% | -13.2% | 13.6% |
| Financials | 5,205.49 | -1.1% | -3.9% | 13.3% |
| Health Care | 8,961.66 | -1.1% | -5.8% | -3.7% |
| Industrials | 3,948.56 | -1.1% | -6.5% | 9.0% |
| Oil & Gas | 8,171.47 | -1.0% | -9.8% | 6.0% |
| Technology | 2,090.41 | -1.7% | -9.2% | 23.5% |
| Telecommunications | 2,896.48 | -2.5% | -14.4% | 0.1% |
| Utilities | 6,595.92 | -1.0% | -10.1% | -14.8% |
| Currencies | ||||
| $ per £ | 1.39 | -0.5% | 2.9% | 9.5% |
| € per £ | 1.13 | 0.0% | 0.1% | -4.0% |
| ¥ per £ | 148.09 | -0.6% | -2.7% | 5.3% |
| Indicators | ||||
| VIX Index (Volatility) | 16.35 | 3.6% | 48.1% | -21.4% |
| Baltic Dry Index | 1,192.00 | -0.7% | -12.7% | 42.1% |