{"id":29083,"date":"2023-11-26T12:00:45","date_gmt":"2023-11-26T06:30:45","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=29083"},"modified":"2023-11-28T11:20:44","modified_gmt":"2023-11-28T05:50:44","slug":"world-global-stock-market-indices-weekly-recap-26th-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-26th-november-hang-seng-kospi-dax-gift-nifty-taiwan\/","title":{"rendered":"Global Stock Market Indices: 26th Nov \u201923 Weekly Recap"},"content":{"rendered":"
<\/div>\n

Stock markets across the world were sluggish during this week. Whether it was in the US, where holidays made the market slow down, in the European countries, where bond yields ruled the market, or in Asia, where due to business slowdown, increasing bond yields, and other factors, the overall stock market<\/a> was affected adversely during the week.\u00a0<\/p>\n\n\n\n

Leading world indices week-on-week (WoW) change<\/h2>\n\n\n\n
Index<\/mark><\/strong><\/td>Previous Day Change (%)<\/mark><\/strong><\/td>WoW Change (%)<\/mark><\/strong><\/td><\/tr>
Dow Jones<\/strong><\/td>0.33<\/td>1.27<\/td><\/tr>
S&P 500<\/strong><\/td>0.06<\/td>1.00<\/td><\/tr>
Nasdaq<\/a><\/strong><\/td>-0.11<\/td>0.89<\/td><\/tr>
FTSE<\/strong><\/td>0.06<\/td>-0.21<\/td><\/tr>
CAC<\/strong><\/td>0.20<\/td>0.81<\/td><\/tr>
DAX<\/strong><\/td>0.22<\/td>0.69<\/td><\/tr>
Gift Nifty<\/a><\/strong><\/td>0.32<\/td>0.33<\/td><\/tr>
Nikkei 225<\/strong><\/td>0.52<\/td>0.12<\/td><\/tr>
Straits Times<\/strong><\/td>-0.65<\/td>-0.96<\/td><\/tr>
Hang Seng<\/strong><\/td>-2.00<\/td>0.60<\/td><\/tr>
Taiwan Weighted<\/strong><\/td>-0.04<\/td>0.46<\/td><\/tr>
KOSPI<\/strong><\/td>-0.73<\/td>1.08<\/td><\/tr>
SET Composite<\/strong><\/td>-0.66<\/td>-1.30<\/td><\/tr>
Jakarta Composite<\/strong><\/td>0.08<\/td>0.46<\/td><\/tr>
Shanghai Composite<\/strong><\/td>-0.69<\/td>-0.44<\/td><\/tr><\/tbody><\/table>
Source: Money Control<\/figcaption><\/figure>\n\n\n\n

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

In the US, the stock market was closed on Thursday and Friday for half of the day due to the Thanksgiving holiday. This made the market slow down, which also affected the overall global<\/a> market. <\/p>\n\n\n\n

The country’s Commerce Department announced a 5.4% drop in durable goods business in October, the second-highest decline after April 2020. This also came as a shock to the market.\u00a0<\/p>\n\n\n\n

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

On Friday, Dow Jones gained marginally, while on a WoW basis, it gained only 1.27%<\/p>\n\n\n\n

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

This <\/strong>broad market index was flat on Friday and gained 1% during the week.\u00a0<\/p>\n\n\n\n

Nasdaq<\/strong><\/h3>\n\n\n\n

While the above two broad market indexes at least ended the week in green, the Nasdaq ended in the red on Friday, with marginal gains of around 0.89%.\u00a0<\/p>\n\n\n\n

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

Coming to the European market, its bond yields drove the market during this week. Germany\u2019s 10-year bond yield increased from a two-month low this week, which took investors away from the equity market. <\/p>\n\n\n\n

\n

However, investors felt a sigh of relief as ECB President Christine Lagarde said<\/a> rates<\/a> could be steady over \u201cthe next couple of quarters,\u201d while France\u2019s Fran\u00e7ois Villeroy de Galhau said rates have reached a plateau where they will probably remain for the next \u201cfew quarters.\u201d\u00a0<\/p>\n<\/blockquote>\n\n\n\n

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

The overall performance of this index during the week had been negative, with a drop of 0.21%. The index showed some positive signs on Friday but closed with 0.06% nominal gains.\u00a0<\/p>\n\n\n\n

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

This index <\/strong>gained <\/strong>0.81% on a WoW basis and 0.20% on Friday as the market was filled with mixed sentiments. <\/p>\n\n\n\n

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

Like CAC, DAX went up 0.22% on Friday, while on a WoW basis, it gained 0.69%.\u00a0<\/p>\n\n\n\n

World Market Index:<\/strong> Asian Market<\/h2>\n\n\n\n

The Asian market was mixed with both positive and negative sentiments this week. The adverse consumer inflation<\/a> data from Japan for October inflicted panic amongst investors, while in China, measures taken to boost the realty market added some positivity to the market, especially in the realty sector. <\/p>\n\n\n\n

The Indian market rallied during the first three days of the week and then had a muted performance for the last two days. Falling technology stocks have affected most of the markets in Asia this week.\u00a0<\/p>\n\n\n\n

Gift Nifty<\/strong><\/h3>\n\n\n\n

The Indian global market index Gift Nifty surged 0.33% on WoW, while it went up 0.32% on Friday itself. Tech stocks had a significant impact on the index this week.\u00a0<\/p>\n\n\n\n

Nikkei 225<\/strong><\/h3>\n\n\n\n

Tokyo’s broad market equity index had been flat through the week with 0.12% gains. On Friday, though, it surged a little by 0.52%.\u00a0<\/p>\n\n\n\n

Straits Times<\/strong><\/h3>\n\n\n\n

This Singapore-based index fell on the last day of the week and on a WoW basis due to the sluggish banking sector and mixed market sentiments.\u00a0<\/p>\n\n\n\n

Hang Seng<\/strong><\/h3>\n\n\n\n

Hong Kong’s broad market equity index had a free fall on Friday. It tanked 2%, influenced by a fall in the IT stocks and holidays in the West.\u00a0\u00a0<\/p>\n\n\n\n

Taiwan Weighted<\/strong><\/h3>\n\n\n\n

The index gained 0.46% weekly due to the average market scenario. The Taiwan market was flat on Friday, and the index only dipped 0.04%.\u00a0<\/p>\n\n\n\n

KOSPI<\/strong><\/h3>\n\n\n\n

With a 1.08% rise on a WoW basis, this is one index gaining above 1% during the week. However, on Friday itself, it had a fall of 0.73%. <\/p>\n\n\n\n

SET Composite<\/strong><\/h3>\n\n\n\n

The Thai index lost the most this week, with a fall of 1.30% due to losses in the IT sector and a sluggish market worldwide.\u00a0<\/p>\n\n\n\n

Jakarta Composite<\/strong><\/h3>\n\n\n\n

This index ended in green but gained 0.46% during the week, while on Friday, it gained only 0.08%.\u00a0<\/p>\n\n\n\n

Shanghai Composite<\/strong><\/h3>\n\n\n\n

This Chinese equity index dropped by 0.44% during the week due to the economic slowdown and mixed market sentiments. <\/p>\n\n\n\n

Thus, the third week of November hasn\u2019t been that great for investors as most stock markets worldwide were sluggish. Technology dragged the market the most, while economic factors such as bond yields, inflation, and rate-cut decisions played crucial roles. <\/p>\n\n\n\n

*Disclaimer Note: The securities quoted, if any, are for illustration only and are not recommendatory. This article is for education purposes only and shall not be considered as recommendation or investment advice by Research & Ranking. We will not be liable for any losses that may occur. Investment in securities market are subject to market risks. Read all the related documents carefully before investing. Registration granted by SEBI<\/a>, membership of BASL, and certification from NISM in no way guarantee the performance of the intermediary or provide any assurance of returns to investors.<\/p>\n\n\n\n

Also Read:<\/strong><\/p>\n\n\n\n

Rakesh Jhunjhunwala’s Portfolio<\/strong><\/a><\/p>\n\n\n\n

How do you save up for your child’s education abroad?<\/strong><\/a><\/p>\n\n\n\n

The Rise & Fall of Cafe Coffee Day<\/strong><\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Stock markets across the world were sluggish during this week. All details here!<\/p>\n","protected":false},"author":5,"featured_media":29084,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"site-sidebar-layout":"default","site-content-layout":"","ast-site-content-layout":"default","site-content-style":"default","site-sidebar-style":"default","ast-global-header-display":"","ast-banner-title-visibility":"","ast-main-header-display":"","ast-hfb-above-header-display":"","ast-hfb-below-header-display":"","ast-hfb-mobile-header-display":"","site-post-title":"","ast-breadcrumbs-content":"","ast-featured-img":"","footer-sml-layout":"","ast-disable-related-posts":"","theme-transparent-header-meta":"","adv-header-id-meta":"","stick-header-meta":"","header-above-stick-meta":"","header-main-stick-meta":"","header-below-stick-meta":"","astra-migrate-meta-layouts":"default","ast-page-background-enabled":"default","ast-page-background-meta":{"desktop":{"background-color":"var(--ast-global-color-4)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"ast-content-background-meta":{"desktop":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"tablet":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""},"mobile":{"background-color":"var(--ast-global-color-5)","background-image":"","background-repeat":"repeat","background-position":"center center","background-size":"auto","background-attachment":"scroll","background-type":"","background-media":"","overlay-type":"","overlay-color":"","overlay-opacity":"","overlay-gradient":""}},"footnotes":""},"categories":[948],"tags":[],"class_list":["post-29083","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-stock-market-news"],"_links":{"self":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/29083","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/users\/5"}],"replies":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/comments?post=29083"}],"version-history":[{"count":0,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/29083\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/29084"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=29083"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=29083"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=29083"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}