Massive rises in global stock indices

Massive rises in global stock indices

2024-03-23 22:04:50

Global stock indices recorded collective gains last week, as European and American stock exchanges continued their rise, while the Tokyo Stock Exchange soared to historic levels. At the end of trading, the Dow Jones Index fell 0.75%, or 305 points, to 39,475 points, but achieved weekly gains of 1.95%. The Standard & Poor’s Index fell 0.15%, or 7 points, at 5,234 points, but the index rose 2.3% since the beginning of the week.

The Nasdaq index rose 0.15%, or 26 points, to 16,428 points, achieving the third record close in a row, to end the week’s trading up 2.85%. In European markets, the Stoxx Europe index stabilized at 509.6 points, and the European index recorded weekly gains of 0.95%.

The German DAX index rose 0.15% to 18,205 points, which is the fourth record close. The British FTSE rose 0.60% to 7,930 points, while the French CAC fell 0.35% to 8,151 points.

European stock indices varied on Friday, but the main index, which ended the session stable, recorded weekly gains, while German stocks achieved a new record high.

At the end of trading, the Stoxx Europe index settled at 509.64 points, following closing on Thursday at a record level for the seventh time this month, recording weekly gains of regarding 1%. The German DAX index rose 0.15% to 18,205 points, which is the fourth record close in a row. The British FTSE rose 0.60% to 7,930 points, while the French CAC fell 0.35% to 8,151 points. In Japan, the Nikkei index closed at a record high of 40,888 points, following adding 0.2%, or 72 points.

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