World share prices mostly rose Wednesday– Morning Talk – Thursday, January 23 - Market Talk | Alice Blue Blogs – Get Latest Stock Market updates from Our Experts in Online Trading Platform
Tuesday , September 21 2021
Home / Market Talk / World share prices mostly rose Wednesday– Morning Talk – Thursday, January 23
Alice Blue - Market Talk_Jan 23, 2020

World share prices mostly rose Wednesday– Morning Talk – Thursday, January 23

World share prices rose mostly on Wednesday as a new virus outbreak in China boosted confidence, infecting more than 500 people, killing 17 people.

US

The CAC 40 in Paris was up 0.1% at 6,053, while Germany’s DAX rose 0.2% to 13,583. Britain’s FTSE 100 closed up 0.2% at 7,597 points. Future contracts for the S&P 500 rose 0.5%, while the Dow Jones Industrial Average rose 0.3%.

The World Health Organization was due to meet later in the day to determine whether the new virus, previously reported from the central Chinese city of Wuhan, was causing an international health emergency. Meanwhile, China and other countries increased surveillance, including screening for fever at aircraft and airports.

Analysts said the shares saw a marginal increase as investors took advantage of the lower downturn in the markets.

Asia

Japan’s Nikkei 225 index climbed 0.7% to 24,031.35 and Kospi in South Korea rose 1.2% to 2,267.25. In Hong Kong, the Hang Seng jumped 1.3% to 28,3541.04. The S&P ASX / 200 gained 0.9% to 7,132.70 in Sydney, while the Shanghai Composite Index rose 0.3% to 3,060.75 from the opening loss. India’s Sensex fell 0.5% to 41,107.01. Shares

Markets seemed fit for the impeachment trial of President Donald Trump in the US Senate. In Davos, Switzerland, Trump deferred the progress of the American economy.

Jeffrey Haley of Onda said that despite stabilization in economic growth worldwide, there remains a “soft underbelly” of risk. The news came on Tuesday from a worldwide retreat in financial markets that new coronoviruses could spread among humans, not just in between. Animals and humans were suspected as before.

The outbreak of the new virus coincided with the peak travel season for the Lunar New Year festival in China, and investors believe it could hurt tourism and, ultimately, economic growth and corporate profits.

Benchmark US crude in electronic trading fell 37 cents to $ 58.01 a barrel on the New York Mercantile Exchange. It dropped 20 cents to $ 58.38 a barrel on Tuesday. The international standard Brent crude priced 35 cents to $ 64.24 a barrel. Overnight, it lost 61 cents to close at $ 64.59 a barrel.

Gold fell $ 2.90 an ounce to $ 1,555.

The dollar rose from 109.86 yen to 109.97 Japanese yen on Tuesday. The euro dipped from $ 1.1084 to $ 1.1082.

 

Related:

How to Choose Stocks For Long Term Investment, click here

What Is Trend Line? Why Need To Draw? 2 Best Trend Trading Strategies

Fibonacci And Money Management, click here

 

Share on

About Dwipen Gogoi

Dwipen Gogoi, MBA (IB and IT) and PGDFT from Pune. (Technical Analyst of AliceBlue) I am a You Tuber, Blogger and doing Technical Analysis last 10 years in Stock, Commodity and Forex Market. i am creating various trading strategies for day traders, swing traders, scalp traders.

Check Also

21st pre market session

Nifty recovered over 250 points from lower levels

The domestic equity market did not survive the negative technical trade setup of global markets …

Leave a Reply

Your email address will not be published. Required fields are marked *