Saturday, July 23, 2022 – 1:47 pm
ABU DHABI, July 23 / WAM / Global stock market indices rose during last week’s trading, coinciding with companies’ announcement of strong profits in the first half of this year.
According to market data, the American Wall Street Stock Exchange indices rose with the growth of the benchmark “Standard & Poor’s 500” index during the week by 2.5%, gaining 98.5 points, to close at 3,961.63 points, while the “Dow Jones Industrial Average” increased by 611 points, or 2%, to close at 3,961.63 points. At 31,899.29 points, the “Nasdaq” index, which is dominated by technology shares, rose by 3.3%, equivalent to 381.7 points, reaching the level of 11,834.11 points.
In terms of European markets, the European “Stoxx 600” index increased by 2.9%, equivalent to 11.9 points, to reach 425.7 points, and the “Euro Stoxx 50” index rose by 3.4% to reach the level of 3,596.49 points, with gains of nearly 119.3 points.
The British “FTSE 100” index rose by 1.6 percent, gaining 117.4 points, to close at 7276.37 points, and the German “Dax” index gained more than 388 points, or 3%, to close at 13253.68 points, while the French “CAC” index increased by regarding 3%, equivalent to 180.8 to close at 6216.82 points.
Asian markets rose, with the Japanese Nikkei index rising on the Tokyo Stock Exchange during the week by 4.2%, or 1,126.2 points, to close at 27,914.66 points, while the broader Topix index increased by 3.4%, equivalent to 63.47 points, reaching the level of 1955.97 points.
The Chinese Hang Seng Index increased by 1.5 percent, equivalent to 311.42 points, to close at 2,7914.66 points, while the “ESI” Composite Index on the Shanghai Stock Exchange rose by 1.3 percent, equivalent to 41.9, to close at 3,269.97 points, and the Bombay Synx Index gained regarding 2311 points, or 4.3% To reach 56072.23 points.
Wam/ Ramy Samih/ Reda Abdel Nour
