Newsletter

World Markets: Summary of the stock market, oil, gold

Stock market indices and conditions, oil, gold and foreign exchange markets on 6 June 2023.

– The New York Dow Jones Stock Exchange closed higher on Tuesday (June 6), supported by buying pressure on economy-sensitive stocks. Although investors are keeping an eye on the release of US inflation figures. and the Federal Reserve (Fed) monetary policy meeting next week.

The Dow Jones Industrial Average closed at 33,573.28 points, up 10.42 points, or +0.03%, the S&P 500 closed at 4,283.85 points, up 10.06 points, or +0.24%, and the Nasdaq closed at 13,276, up. of 46.99 points, or +0.36%.

– European stocks closed higher on Tuesday (June 6), helped by a rally in shares of healthcare giant Novo Nordisk. But the market rally remains hampered by fears that major central banks will continue to raise interest rates amid slowing economic growth.

The STOXX 600 Index closed at 461.68 points, up 1.75 points, or +0.38%.

France’s CAC-40 stock market index closed at 7,209.00 points, up 8.09 points or +0.11%, Germany’s DAX stock market index closed at 15,992.44 points, up 28.55 points or +0.18% and the London Stock Exchange’s FTSE 100 index closed at 7,628.10 points, an increase of 28.11 points or +0.37%

– The London stock market closed higher on Tuesday (June 6), with weak support in the pound. It was also supported by a rise in British American Tobacco (BAT) shares after the company confirmed its annual earnings forecast.

The London Stock Exchange FTSE 100 closed at 7,628.10 points, up 28.11 points or +0.37%.

– New York West Texas Intermediate (WTI) crude futures closed lower on Tuesday (June 6) as investors worried that a slowdown in the global economy would hurt oil demand. This overshadowed the positive factor from Saudi Arabia’s announcement to reduce oil production by another 1 million barrels per day.

The WTI crude oil contract will be introduced in July. It was down 41 cents, or 0.6%, at $71.74 a barrel.

The Brent crude oil contract (BRENT) was executed in August. It was down 42 cents, or 0.6%, at $76.29 a barrel.

– New York gold futures closed for the second day in a row on Tuesday (June 6), with positive factors stemming from expectations that the US Federal Reserve (Fed) will maintain interest rates at its meeting next week.

The COMEX (Commodity Exchange) gold contract is introduced in August. up $7.20, or 0.36%, to close at $1,981.50/oz.

Silver metal contracts executed in July. rose 3.50 cents, or 0.15%, to close at $23.67/ounce.

The platinum contract was achieved in July. up $2.30, or 0.22%, to close at $1,038.70/oz.

The palladium contract will be delivered in September. rose $1.50, or 0.1%, to close at $1,411.80/oz.

— The dollar gained against major currencies in trading on the New York Stock Exchange on Tuesday (June 6), with the greenback following a rally in US Treasury yields overnight. Although investors are keeping an eye on the release of US inflation figures. and the Federal Reserve (Fed) monetary policy meeting next week.

The dollar index, which measures the greenback against a basket of six major currencies, was up 0.12 percent to 104.1263.

The greenback was at 139.6570 yen against a yen of 139.6130 on Monday, while the Swiss franc was at 0.9076 from 0.9057. The franc strengthened against the Swedish krona at 10.9108 krona from 10.8539 krona, but the dollar weakened at 10.8539 krona against the Canadian dollar 1.13,03.

The euro was weaker against the dollar at $1.0694 from $1.0714, while the pound was weaker to $1.2430 from $1.2433.

The New York Stock Exchange DJIA index closed at 33,573.28 points, up 10.42 points, +0.03%.

The New York Stock Exchange S&P500 closed at 4,283.85 points, up 10.06 points, +0.24%.

The New York Stock Exchange NASDAQ closed at 13,276.42 points, up 46.99 points, +0.36%.

The London Stock Exchange FTSE 100 closed at 7,628.10 points, up 28.11 points, +0.37%.

The French CAC-40 stock market index closed at 7,209.00 points, up 8.09 points, +0.11%.

The DAX index of the German stock market closed at 15,992.44 points, up 28.55 points, +0.18%.

Australia’s S&P/ASX 200 Index closed at 7,129.60 points, down 86.70 points, -1.20%.

The Australian stock market index ALL ORDINARIES closed at 7,319.90 points, down 81.30 points, -1.10%.

The Japanese stock market index NIKKEI 225 closed at 32,506.78 points, up 289.35 points, +0.90%.

South Korean stock markets were closed on Tuesday (June 6) for National Heroes’ Day.

The Taiwan TAIEX stock market index closed at 16,761.66 points, up 47.23 points, +0.28%.

The SSE Composite index of the Chinese stock market closed at 3,195.34 points, down 37.10 points, -1.15%.

The Hong Kong stock market HSI index closed at 19,099.28 points, down 9.22 points, -0.05%.

The SENSEX index of the Indian stock market closed at 62,792.88 points, up 5.41 points, +0.01%.

Indonesia’s Jakarta Composite Index closed at 6,618.92 points, down 14.51 points, -0.22%.

The Philippine Stock Exchange PSE Composite Index closed at 6,479.93 points, down 41.71 points, -0.64%.

Malaysia’s FMKLCI stock market index closed at 1,383.17 points, up 1.91 points, +0.14%.

The FTSE STI Stock Exchange of Singapore closed at 3,190.11 points, up 1.10 points, +0.03%.