Saturday 17 September 2022 – 15:54
Capitals, Sep 17 / WAM / Global equity indices collectively fell during last week’s trading and US indices fell to their lowest levels in two months, while European stocks recorded their worst weekly performance in 3 months .
The American Wall Street indices declined, with the “Nasdaq” index, dominated by technology stocks, down 5.5%, equal to 663.9 points, reaching 11,448.4 points.
The benchmark “Standard & Poor’s 500” index fell by 4.8%, losing approximately 194 points, to close at 3,873.33 points, and the “Dow Jones” industrial index fell by 1,329.3 points, or by 4.1%, to close at 30822.42 points.
In terms of European markets, the “Euro Stoxx 50” index fell by 2% to reach the level of 3500.41 points, losing around 69.6 points, and the European “Stoxx 600” index fell by 2, 9%, accounting for 12.3 points, to reach 408.24 points.
The French “CAC” index fell 2.2%, or 135 points, to close at 6077.3 points, and the British “FTSE 100” index fell 1.6%, or 114, 4 points, to close at 7236.68 points, while the German “The DAX index” fell more than 346.9 points, or 2.7%, to close at 13,088.21 points.
Asian equities fell collectively as Japanese markets fell, with the Nikkei index on the Tokyo Stock Exchange falling 2.3%, or 647.1 points, during the week to close at 27567.65 points, while the broader Topix index fell 1.4%, equivalent to 27 points, to reach the level of 1938.56 points.
The Bombay Synx index fell about 952.3 points, or 1.6 percent, to 58,140.79 points, while the Shanghai Stock Exchange’s Composite “ESI” index fell 4.2%, equal to at 135.6 points, closing at 3126.4 points, and the Chinese Hang Seng The index fell 3.1%, accounting for 600.56 points to close at 18761.69 points.
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WAM / Rami Samih / Zakaria Mohieldin
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