Private Investor's Diary Portfolio 

One in one out as UK markets recover

One in one out as UK markets recover

The UK equity market continued to recover in May, with the 2.8 per cent return from the FTSE All-Share (Total Return) Index leaving it up 1.9 per cent in 2018. The US was also strong, with technology stocks leading the way. Nasdaq gained 5.5 per cent and the S&P 500 2.2 per cent. Elsewhere, the picture was not so rosy, with the Italian MIB down 9.2 per cent. Investors fretted about the unstable political situation and Italy's commitment to continued membership of the eurozone. Germany was flat on the month, Hong Kong was off 1.1 per cent and Japan 1.2 per cent.

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