This week, ten out of the thirteen stocks indices under our coverage closed positively, as global investors gradually renew interest in equity assets amid the threat of the COVID-19 pandemic on human lives and economic prosperity.
In advanced markets, the three major stock performance indices in the U.S., the Dow Jones Industrial Average (DJIA), the S&P 500, and the NYSE Composite all gained 1.62%, 0.55%, and 1.30% w/w respectively, while in Europe, the German DAX, the UK FTSE, and France CAC 40 all gained 1.74%, 1.04%, and 1.64% w/w respectively.
Japan NIKKEI 225 also gained 4.30% w/w to emerge the best performing index from the Asian market.
In Emerging Markets, China’s Shanghai Composite Index, Hong-Kong HANG SENG, and South Africa’s FTSE also gained 0.18%, 2.66%, and 0.45% w/w respectively.
Conversely, India’s S&P BSE, Brazil BOVESPA, and Argentina’s MERVEL shed 0.43%, 1.09%, and 5.62% w/w respectively.