Week ended 9 May 2009 – Markets, Commodities and currencies

Posted by admin on 10 May, 2009 under Weekly business news summary | 2 Comments to Read

This week  has seen all major stock markets rise and in particluar the Chinese Hang Seng roase by 12%.

All European and American markets rose too with the highest rise shown by the French CAC 40 having risen on the week by 6.7% as confidence starts to feed back in to economies around the globe.

Also, with confidence coming back the oil price has risen in the week by 11.5% to $58.71 per barrel.
End of the week saw:

  This week Last week Change
Stock exchanges:      
FTSE 100: 4,462.09 GBX 4,243.22 GBX UP 5.2%
FTSE 250: 7,806.18 GBP 7,571.33 GBP UP 3.1%
UK All Share: 21,840.51 ZAX 20,647.03 ZAX UP 5.8%
US DOW: 8,574.65 USD 8,212.41 USD UP 4.4%
US S&P 500: 929.23 USD 877.52 USD UP 5.9%
US NASDAQ: 1,739.00 USD 1,719.20 USD UP 1.2%
Japan Nikkei: 9432.83 JPY 8,977.37 JPY UP 5.1%
China H Seng: 17,389..87 HKD 15,520.99 HKD UP 12.0%
Australian ASX 200: 3,941.70 AUD 3,769.60 AUD UP 4.6%
German DAX: 4,913.90 EUR 4,769.45 EUR UP 3.0%
French CAC 40: 3,312.59 EUR 3159.85 EUR UP 6.7%
Spanish Ibex 35: 9,408.10 EUR 9,038 EUR UP 4.1%
Currencies:      
UK Sterling £ to US Dollar $ 1.50830 1.49089 UP 1.2%
UK Sterling £ to Euro € 1.12535 1.12313 UP 0.2%
UK Sterling £ to Japanese Yen 148.527 147.906 UP 0.4%
UK Sterling £ to Aus $ 1.98228 2.03507 DOWN 2.6%
US Dollar $ to Euro € 0.746102 0.753325 DOWN 1.0%
US Dollar $ to Japanese Yen 98.4737 99.2063 DOWN 1.0%
US Dollar $ to Aus $ 1.31425 1.36500 DOWN 3.7%
Commodities:      
Nymex Crude oil $58.71 $52.65 UP 11.5%
Gold $917.30 $887.90 UP 3.3 %
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