Market Update - Week to 9th October 2020

Tuesday 13th of October 2020

Global equity markets had a strong week.  The FTSE 100 index was up 1.9% to a three-week high as optimism about a stimulus package in the United States lifted sentiment.  There has been a lot of back and forth in relation to what US politicians are pushing for but ultimately there is hope that some sort of a relief package will be agreed upon.

 

Naturally, the US equity markets were also strong after President Donald Trump threw his support behind a big stimulus package, saying he’d like to see more than what’s on the table now from either...


Market Update - End of September 2020

Monday 5th of October 2020

Many of the major global equity markets fell back in September (Japan’s Nikkei 225 being one of the exceptions) as rising coronavirus cases fueled fears of the economic recovery stalling.  In fact, the US main markets posted their first down month since March.

 

 

Monthly performance to end of September 2020

FTSE 100 (UK)

-1.6%

Dow 30 (US)

-2.3%

Euro Stoxx 50 (Europe)

-2.4%

Nikkei 225 (Japan)

+0.2%

 

In terms of currency, £ Sterling ended September at 1.29 US Do...


Market Update - Week to 25th September 2020

Monday 28th of September 2020

Last week was a volatile week for global equity markets with ups, downs and reversals although all major equity markets finished lower on the week.  In fact, in the United States, the Dow Jones 30 and S&P 500 indices suffered their first four-week losing streaks since August 2019.

 

 

Weekly performance up to 25 September 2020

FTSE 100 (UK)

-2.7%

Dow 30 (US)

-1.7%

Euro Stoxx 50 (Europe)

-4.5%

Nikkei 225 (Japan)

-0.7%

 

In terms of £ Sterling, it closed the week ...


Deputy Chief Investment Officer of Omnis Investments Limited, Colin Gellatly, explores the possible outcomes for investors assuming a no deal scenario plays out after the 31st December deadline passes. He also identifies where opportunities may lie for long-term investors seeking value in a "hard Brexit" environment. Investment Update 180920.pdf


Market Update - Week to 18th September 2020

Monday 21st of September 2020

Global equity markets were subdued last week as US large tech stocks continued their difficult period with the Nasdaq suffering its third straight weekly loss for the first time this year.

 

 

Weekly performance up to 18 September 2020

FTSE 100 (UK)

-0.4%

Dow 30 (US)

0.0%

Euro Stoxx 50 (Europe)

-1.0%

Nikkei 225 (Japan)

-0.2%

 

In terms of £ Sterling, it closed the week (to 18 September), at 1.29 US Dollars, which was 1.0% higher than the figure at the end of the...


Market Update - Week to 11th September 2020

Monday 14th of September 2020

It was a mixed week for global equity markets last week as European and Asian indices largely made gains but the US markets fell back.  The FTSE 100 index was one of the top performers on the back of a falling pound amid rising fears of a no-deal Brexit.

 

 

Weekly performance up to 11 September 2020

FTSE 100 (UK)

+4.0%

Dow 30 (US)

-1.7%

Euro Stoxx 50 (Europe)

+1.7%

Nikkei 225 (Japan)

+0.9%

 

As stated above, Sterling fell markedly.  It closed the week (to 11 Se...


Market Update - Week to 4th September 2020

Tuesday 8th of September 2020

After the S&P 500 and Nasdaq registered further closing highs on Wednesday, the first week of September ended lower for many global equity markets led by a large sell-off in US technology stocks.

 

 

Weekly performance up to 4 September 2020

FTSE 100 (UK)

-2.8%

Dow 30 (US)

-1.8%

Euro Stoxx 50 (Europe)

-1.7%

Nikkei 225 (Japan)

+1.4%

 

In terms of £ Sterling, it closed the week (to 4 September), at 1.33 US Dollars, which was 0.5% lower than the figure at the end o...


Market Update - End of August 2020

Wednesday 2nd of September 2020

Global equity markets had a positive August with the US and Asian markets leading the way.

 

In fact, US equities had their best August since the 1980s, after the sharp technology-dominated rally since March has sent their blue-chip stocks to a record high.  The S&P 500 ended the month up 7.0%, which is the best August since the index’s 7.1% increase 34 years ago.  The Dow Jones 30 gained 7.6% in the month which was the biggest August gain since 1984. 

 

The bumper month caps a strong recovery since 23 March that has added 56% to the val...


Market Update - Week to 21st August 2020

Monday 24th of August 2020

It was an indifferent week last week for global equity markets as the political stalemate in the United States over another round of economic stimulus rumbles on.

 

 

Weekly performance up to 21 August 2020

FTSE 100 (UK)

-1.4%

Dow 30 (US)

-0.0%

Euro Stoxx 50 (Europe)

-1.1%

Nikkei 225 (Japan)

-1.6%

 

In terms of £ Sterling, it closed the week (to 21 August), at 1.31 US Dollars, which was unchanged from the figure at the end of the previous week (14 August).

 

A...


Market Update - Week to 14th August 2020

Monday 17th of August 2020

It was a “tale of two halves” last week for the FTSE 100 index with the first three days of the week seeing strong gains which were countered by daily falls in the last two days of the week.  These falls were primarily caused by worse than expected economic data from the United States and China.

Despite this, most global equity markets saw small gains for the week.

 

Weekly performance up to 14 August 2020

FTSE 100 (UK)

+1.0%

Dow 30 (US)

+1.8%

Euro Stoxx 50 (Europe)

+1.6%

Nikk...


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