The stock markets of the world today



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While Europe and Asia closed the day with mixed results after publishing macroeconomic data from the euro area and China.

September is usually a favorable month for industrial activity, According to international analysts, a trend that could help boost the world’s main stock markets amid the resentments generated by a possible increase in coronavirus cases after the holidays in the northern hemisphere, which is offset by data from China anyway and Europe showing that demand for manufacturing is rebounding from lows caused by the coronavirus pandemic.

Under this scenario Asia closed with mixed results. The Tokyo Nikkei ended the first day of the month slightly down 0.01%. While the Hang Seng of Hong Kong closed the trading day rising just 0.03% and the CSI 300 of mainland China climbed only 0.54%.

The main squares in Europe, meanwhile, closed the day with different numbers. ANDLondon’s FTSE 100 ended the day with a loss, falling 1.70%, hit by the appreciation of the British pound.

The IBEX 35 in Madrid operated, falling from its 7,000 point floor under pressure from Spanish stocks that suffered, such as Inditex and Telefónica. The CAC 40 of Paris rented negative with 0.18%.

In the green field is the DAX in Frankfurt which rose 0.2%, the Euro Stoxx 50 which climbed just 0.1%.

Good session for WS

Crossing the Atlantic the panorama was much more auspicious. Wall Street had a good session for the Nasdaq, the S&P 500 and the Dow Jones.

The S&P closed gaining 0.75% and broke the 3,500 point barrier, while the Dow Jones climbed 0.76%. and advanced over 28,500 points. The good performance of the day was accompanied after learning that manufacturing activity in the United States continued to recover in August from the pandemic lows.

Thus, analysts commented that as the economic recovery picks up pace in the United States, it will be replicated in equities.

The one who took all the attention was the Nasdaq. The technological indicator climbed 1.39%. Zoom shares rose more than 40% after the results were released.

It should be remembered that the S&P 500 and the Dow Jones finished their best August in more than 30 years. The industrial indicator recovered 7.6% in August and for the fifth consecutive positive month, it also achieved its largest gain in August since 1984. The S&P 500 was not far behind either and climbed for the fifth consecutive month, 7% more, reaching its best August since 1986. The Nasdaq, meanwhile, climbed 9.6% in August, registering its best monthly performance since 2000.

Looking ahead to the next few days, the agents mention that the employment data that will be released on Monday will be key to assess the state of the recovery of the world’s main economy. Also, those who know Wall Street well know that September is a challenging month and has been the worst month of the year since 1950 in terms of results according to data from Stock Trader’s Almanac.

Local plan

Who did not rebound was the local stock market. The S&P IPSA is increasingly moving away from 4,000 points and today it fell 0.38%, reaching 3,752 points. The financial sector reduced the market’s dynamism. The two main entities in the country: Santander and Banco de Chile, each falling 0.23% and 1.52% respectively.

Retail was another of the sectors hit during Tuesday’s session with the role of Falabella posting losses of 1.18%.

The market share of optimism was SQM, which rose 5.25%. It should be remembered that there is optimism with Chinese demand after knowing the macroeconomic data of the Asian giant that has driven the main metals up.

Cencosud Shopping also had a good trading day and climbed 3.78% as the local economy slowly begins to open with the deconfinement plans announced in Santiago.





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