Week ended 8 August 2009 – Markets, Commodities and currencies
Posted by admin on 9 August, 2009 under Weekly business news summary | 
3 Comments to Read
For the third week in a row world stock markets have risen on growing optimism that the world is climbing out of recession.
The US S & P 500 rose above the 1,000 mark and the NASDAQ rose above 2,000 this week! Back here in the UK the FTSE 250 saw the biggest rise climbing 5.3% to close at 8,421.46.
The price of oil has now risen above $70 per barrel again as it continues its rise as world economies improve and the price per barrel continues to reflect the improving demand for this commodity.
End of the week saw:
| Last week | This week | Change | |
| Stock exchanges: | |||
| FTSE 100: | 4,608.36 GBX | 4,731.56 GBX | UP 2.7% |
| FTSE 250: | 7,999.96 GBP | 8,421.46 GBP | UP 5.3% |
| UK All Share: | 24,258.51 ZAX | 25,071.01 ZAX | UP 3.3% |
| US DOW: | 9,171.61 USD | 9,370.07 USD | UP 2.2% |
| US S&P 500: | 987.48 USD | 1,010.48 USD | UP 2.3% |
| US NASDAQ: | 1,978.50 USD | 2,000.25 USD | UP 1.1% |
| Japan Nikkei: | 10,356.83 JPY | 10,412.09 JPY | UP 0.5% |
| China H Seng: | 20,573.33 HKD | 20,375.37 HKD | DOWN 1.0% |
| Australian ASX 200: | 4,244.00 AUD | 4,299.40 AUD | UP 1.3% |
| German DAX: | 5,332.14 EUR | 5,458.96 EUR | UP 2.4% |
| French CAC 40: | 3,426.27 EUR | 3,521.14 EUR | UP 2.8% |
| Spanish Ibex 35: | 10,855.10 EUR | 10,947.60 EUR | UP 1.0% |
| Currencies: | |||
| UK Sterling £ to US Dollar $ | 1.67154 | 1.66746 | DOWN 0.2% |
| UK Sterling £ to Euro € | 1.18230 | 1.17592 | DOWN 0.5% |
| UK Sterling £ to Japanese Yen | 158.211 | 162.972 | UP 3.0% |
| UK Sterling £ to Aus $ | 2.01852 | 1.99912 | DOWN 1.0% |
| US Dollar $ to Euro € | 0.707313 | 0.705138 | DOWN 0.3% |
| US Dollar $ to Japanese Yen | 94.6500 | 97.7393 | UP 3.3% |
| US Dollar $ to Aus $ | 1.20758 | 1.19844 | DOWN 0.8% |
| Commodities: | |||
| Nymex Crude oil | $69.47 | $70.93 | UP 2.1% |
| Gold | $954.50 | $958.10 | UP 0.4% |
Gary Liu said,
Profitable project In China
I am an investor from Xi An,China.I`am looking for a potential partner for my project in China.Xi An is one of the biggest cities in China with a population of 8 million.It is one of the most famous tourist cities in China with more than 2o million visitors from the world every year.Xi An was capital of China in the ancient time.Now I have a most profitable project:To set up a YOUTH HOSTEL near the University Town or near the New Rail Way Station,the biggest staion in China & in Asia.
Please contact me if you are interested in it.
Garyliu308@yahoo.com.cn Gary Liu 12 Aug,2009
Groa said,
I’m not familiar with stock … but when I was reading thru the list of currencies – I thought = Where would my dear icelandic krona fit in? It’s at all worthless
Frank Polenose said,
I see gold is still rising. Many companies cashing in on this for a quick buck.
Good luck with finding an investor Gary Liu.
Add A Comment