{"id":28159,"date":"2023-11-05T12:00:57","date_gmt":"2023-11-05T06:30:57","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=28159"},"modified":"2023-11-06T09:57:01","modified_gmt":"2023-11-06T04:27:01","slug":"world-global-stock-market-indices-weekly-recap-5th-november-hang-seng-kospi-dax-gift-nifty-taiwan","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/world-global-stock-market-indices-weekly-recap-5th-november-hang-seng-kospi-dax-gift-nifty-taiwan\/","title":{"rendered":"Global Stock Market Indices: 5th Nov \u201923 Weekly Recap"},"content":{"rendered":"
<\/div>\n

On Friday, amid a drop in treasury yields and the US dollar, global<\/a> indices experienced gains following the release of the US job growth data that supported the sentiment that the Federal Reserve may pause interest rate hikes.<\/p>\n\n\n\n

Leading world indices week-on-week (WoW) change<\/h2>\n\n\n\n
Global Indices<\/mark><\/strong><\/td>Weekly Change (%)<\/mark><\/strong><\/td><\/tr>
Dow Jones<\/td>5.07<\/td><\/tr>
S&P 500<\/td>5.85<\/td><\/tr>
NASDAQ<\/a><\/td>6.61<\/td><\/tr>
FTSE<\/td>0.86<\/td><\/tr>
CAC<\/td>2.30<\/td><\/tr>
DAX<\/td>3.11<\/td><\/tr>
GIFT Nifty<\/a><\/td>2.72<\/td><\/tr>
Nikkei 225<\/td>4.41<\/td><\/tr>
Straits Times<\/td>2.36<\/td><\/tr>
Hang Seng<\/td>3.63<\/td><\/tr>
Taiwan Weighted<\/td>2.70<\/td><\/tr>
KOSPI<\/td>3.01<\/td><\/tr>
SET Composite<\/td>3.54<\/td><\/tr>
Jakarta Composite<\/td>1.11<\/td><\/tr>
Shanghai Composite<\/td>1.42<\/td><\/tr><\/tbody><\/table>
Source: Moneycontrol.com<\/figcaption><\/figure>\n\n\n\n

World Market Index: US Markets<\/strong><\/h2>\n\n\n\n

On Friday, bond yields were driven down by a soft jobs report, resulting in a significant rally across stocks. With investors hopeful that the Fed would not hike interest rates<\/a> anymore, equities enjoyed substantial weekly gains, with the NASDAQ and the S&P 500 registering their best week since November 2022.<\/p>\n\n\n\n

Dow Jones<\/strong><\/h3>\n\n\n\n

The Dow Jones closed the week at 34,061.32, up 222.24 points or 0.66%. WoW, it gained 5.07%.<\/p>\n\n\n\n

S&P 500<\/strong><\/h3>\n\n\n\n

The S&P 500 ended at 4,358.34, up 40.56 points or 0.94%. WoW, it increased by 5.85%.<\/p>\n\n\n\n

NASDAQ<\/strong><\/h3>\n\n\n\n

The NASDAQ closed at 13,478.28, up 184.09 points or 1.38%. WoW, it gained 6.61%.<\/p>\n\n\n\n

World Market Index:<\/strong> European Markets<\/strong><\/h2>\n\n\n\n

European markets closed higher on Friday, with benchmark market indices<\/a> like the German DAX and the Stoxx Europe 600 leading the way. Despite losses suffered by world market indices like the FTSE 100 and the French CAC 40, several companies, like the Galapagos N.V., Zalando SE, Siemens Energy AG, Wizz Air Holdings PLC and Idorsia Ltd., drove the upward trend with significant gains.<\/p>\n\n\n\n

FTSE<\/strong><\/h3>\n\n\n\n

On Friday, the UK\u2019s global stock market<\/a> index fell as lower oil prices hurt energy stocks. Fortunately, it closed higher than the previous week, thanks to the bullish investor sentiment that the US Federal Reserve was done hiking interest rates.<\/p>\n\n\n\n

CAC<\/strong><\/h3>\n\n\n\n

The French benchmark index closed lower on Friday at 7,047.50, down 13.19 points or 0.19%. Sectors like healthcare, consumer services, and utilities enjoyed gains, while oil and gas, aerospace and defense, and electronic equipment experienced losses.<\/p>\n\n\n\n

DAX<\/strong><\/h3>\n\n\n\n