Week ended 16 May 2009 – Markets, Commodities and currencies

Posted by admin on 17 May, 2009 under Weekly business news summary | 3 Comments to Read

This week gold has continued its rise this week having risen just under 5% in two weeks to close at $931.60.

In the same week all of the world stock markets saw a fall with the US S & P 500 falling the most at 5% on the week. In the UK it was the UKs FTSE 250 that saw a bigger fall than the top 100 shares falling by over 4% compared to 2.6% for the FTSE 100.

The biggest noticeable movement on currencies was the fall in the US Dollar against the Japanese Yen where it fell by 3.3% on the week.
End of the week saw:

	Last week	This week	Change
Stock exchanges:
FTSE 100:	4,462.09 GBX	4,348.11 GBX	DOWN 2.6%
FTSE 250:	7,806.18 GBP	7,472.87 GBP	DOWN 4.2%
UK All Share:	21,840.51 ZAX	21,705.14 ZAX	DOWN 1.0%
US DOW:	8,574.65 USD	8,268.64 USD	DOWN 3.6%
US S&P 500:	929.23 USD	882.88 USD	DOWN 5.0%
US NASDAQ:	1,739.00 USD	1,680.14 USD	DOWN 3.3%
Japan Nikkei:	9432.83 JPY	9265.02 JPY	DOWN 1.8%
China H Seng:	17,389.87 HKD	16790.70 HKD	DOWN 3.4%
Australian ASX 200:	3,941.70 AUD	3,773.20 AUD	DOWN 4.3%
German DAX:	4,913.90 EUR	4,737.50 EUR	DOWN 3.6%
French CAC 40:	3,312.59 EUR	3169.05 EUR	DOWN 4.3%
Spanish Ibex 35:	9,408.10 EUR	8978.60 EUR	DOWN 4.6%
Currencies:
UK Sterling £ to US Dollar $	1.50830	1.51550	UP 0.1%
UK Sterling £ to Euro €	1.12535	1.12124	DOWN 0.3%
UK Sterling £ to Japanese Yen	148.527	144.283	DOWN 2.9%
UK Sterling £ to Aus $	1.98228	2.02304	UP 2.0%
US Dollar $ to Euro €	0.746102	0.739850	DOWN 1.0%
US Dollar $ to Japanese Yen	98.4737	95.2050	DOWN 3.3%
US Dollar $ to Aus $	1.31425	1.33490	UP 1.6%
Commodities:
Nymex Crude oil	$58.71	$56.45	DOWN 3.8%
Gold	$917.30	$931.60	UP 1.6 %