Yael Selfin, Chief Economist at KPMG UK, commenting on the analysis:
“Despite ending the year on a high, 2017 was a relatively subdued affair for UK stocks, with the performance of our KPMG UK50 and non-UK50 indices continuing to diverge thanks to a pick-up in commodity prices, which helped boost an important share of the non-UK50 index.”
“Looking ahead, strong world economic momentum, firm commodity prices, and a possible weaker pound, could see further divergence in fortunes for KPMG UK50 and KPMG non-UK50 indices in 2018, highlighting the importance for investors to identify the different drivers of UK-listed stocks.”
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