Justin Urquhart Stewart weekly update – A Quarter End Report – The FTSE100 had a brief spell…

Justin is one of the most recognisable and trusted market commentators on television, radio, and in the press.

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Originally trained as a lawyer, he has observed the retail market industry for 20 years whilst at Barclays Stockbrokers and developed a unique understanding of the market’s roles and benefits for the private investor.

Each week we will bring you Justin’s latest thoughts and commentry.

A QUARTER END REPORT – Read the full article here!
The end of the first quarter has surprised many with such a positive performance for equities generally. The FTSE100 had a brief spell peeking over the uplands of over 7000, and no doubt – subject to China – will be back over it again in due course, but ended the quarter up 3.15%. However, the more UK oriented FTSE250 was up 6.25%, which was a bit more of a reflection of the improvement in the UK domestically.

The more interesting part though was the distinct difference (in Sterling terms) of the performance of Europe over the US. The S&P was up 5.43% whereas the composite European index (MSCI Europe ex UK) was up 10.23%. So with the latest PMI figures looking positive overall it may be that, despite Greece, the European economies are picking up quite well.

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