{"id":31064,"date":"2024-01-14T08:48:22","date_gmt":"2024-01-14T03:18:22","guid":{"rendered":"https:\/\/blog.researchandranking.com\/?p=31064"},"modified":"2024-01-15T09:50:27","modified_gmt":"2024-01-15T04:20:27","slug":"world-global-stock-market-index-weekly-recap-14th-jan-2024-hang-seng-kospi-dax-gift-nifty-taiwan","status":"publish","type":"post","link":"https:\/\/www.equentis.com\/blog\/world-global-stock-market-index-weekly-recap-14th-jan-2024-hang-seng-kospi-dax-gift-nifty-taiwan\/","title":{"rendered":"Global Stock Market Index: 14th Jan \u201924 Weekly Recap"},"content":{"rendered":"
<\/div>\n

The global<\/a> equity market displayed a mixed performance throughout the week, with the US market closing positively, relative stability in the European market, and India and Japan standing out as the sole exceptions in the Asian market. Factors like geopolitical tensions, inflation<\/a> data from the US, and the start of the earnings season that affected the markets worldwide were in play.<\/p>\n\n\n\n

A snapshot of the major world market indices this week<\/h2>\n\n\n\n
Index<\/mark><\/strong><\/td>Previous Day Change (%)<\/mark><\/strong><\/td>WoW Change (%)<\/mark><\/strong><\/td><\/tr>
US Markets<\/strong><\/td><\/tr>
Dow Jones<\/td>-0.31<\/td>0.34<\/td><\/tr>
S&P 500<\/td>0.08<\/td>1.84<\/td><\/tr>
Nasdaq<\/a><\/td>0.02<\/td>3.09<\/td><\/tr>
European Markets<\/strong><\/td><\/tr>
FTSE<\/td>0.63<\/td>-0.84<\/td><\/tr>
CAC<\/td>1.04<\/td>0.60<\/td><\/tr>
DAX<\/td>0.94<\/td>0.66<\/td><\/tr>
Asian Markets<\/strong><\/td><\/tr>
Gift Nifty<\/a><\/td>1.53<\/td>1.23<\/td><\/tr>
Nikkei 225<\/td>1.48<\/td>6.59<\/td><\/tr>
Straits Times<\/td>-0.30<\/td>0.23<\/td><\/tr>
Hang Seng<\/td>-0.35<\/td>-1.79<\/td><\/tr>
Taiwan Weighted<\/td>-0.19<\/td>-0.04<\/td><\/tr>
KOSPI<\/td>-0.60<\/td>-2.06<\/td><\/tr>
SET Composite<\/td>0.37<\/td>-1.01<\/td><\/tr>
Jakarta Composite<\/td>0.29<\/td>-1.49<\/td><\/tr>
Shanghai Composite<\/td>-0.16<\/td>-1.61<\/td><\/tr><\/tbody><\/table>
Source: Moneycontrol<\/figcaption><\/figure>\n\n\n\n

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

The US market was largely positive during the week, with factors like easing inflationary pressures and positive earnings reports from banks supporting the market. However, the US and UK-led air strike against Houthi rebels in Yemen after the Red Sea shipping attacks is a cause of worry as it led to a spike in global crude prices and is likely to affect the global market in the coming weeks.<\/p>\n\n\n\n

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

The factors mentioned above contributed to the index’s minor decline of 0.31% on Friday, which marked the week’s end with modest gains of 0.34%.<\/p>\n\n\n\n

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

This broad-based index witnessed a minor decline of 0.08% on Friday\u2019s session and managed to close the week on a positive note with gains of 1.84%<\/p>\n\n\n\n

<\/a>Nasdaq<\/h3>\n\n\n\n

After a negative close in the first week of 2024, this tech-heavy index recovered this week, posting weekly gains of 3.09%.<\/p>\n\n\n\n

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

The European stocks traded higher on Friday, supported by UK GDP growth in November 2023, easing US inflationary pressures, and improved economic sentiments. However, the market also showed stress due to emerging geopolitical issues.<\/p>\n\n\n\n

<\/a>FTSE<\/h3>\n\n\n\n

The index curtailed its weekly decline in Friday’s session, registering a 0.64% increase and concluding the week with a marginal loss of 0.84%.<\/p>\n\n\n\n

<\/a>CAC<\/h3>\n\n\n\n

The index increased by 1.04% on Friday and ended the week with gains of 0.6%, putting it in positive territory.<\/p>\n\n\n\n

<\/a>DAX <\/h3>\n\n\n\n

A 0.94% gain on Friday helped the index to conclude the week with an overall increase of 0.66%, helping to sustain a positive momentum with other global indices.<\/p>\n\n\n\n

World Stock Market Index: Asian Markets<\/h2>\n\n\n\n

Barring Indian and Japanese stock indices, almost all primary indexes in the Asian market concluded the week in the red zone. China recorded a dip in annual exports for the first time in seven years, resulting in weak sentiments across Asian markets.<\/p>\n\n\n\n

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

Supported by IT, state-owned lenders, and energy stocks gains, the Nifty 50<\/a> index made a new high of 21,874 points on Friday\u2019s session. On a week-on-week basis, the Nifty 50 index closed the week with 1.23% gains.<\/p>\n\n\n\n

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

The market rebounded in the second week of 2024, recovering from the impact of a devastating earthquake that shook the nation and the market in the first week of the year. Investors are anticipating a positive turn of the economy in 2024, aided by strong corporate earnings and governance. The index gained 6.59% on a week-on-week basis, better than all US and UK counterparts.<\/p>\n\n\n\n

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

Straits Times, or STI, Singapore\u2019s primary index, traded flat during the week and closed the week with a modest gain of 0.23%. On Friday, the index was down by 0.3%.<\/p>\n\n\n\n

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

China\u2019s lower export data pulled down the index on Friday by 0.35%, impacting overall investor sentiment in the region. On a week-on-week basis, the index is down by 1.79%.<\/p>\n\n\n\n

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

The index traded flat during the week and registered a minor weekly loss of 0.04%. On Friday\u2019s session, the index was down by 0.19%.<\/p>\n\n\n\n

<\/a>KOSPI<\/h3>\n\n\n\n

KOSPI, Korea\u2019s primary index, closed the week with a loss of 2.06%. The index is trading near its highest closing level since June 2022 amid solid foreign investor demand for chipmakers, as they are reporting robust earnings growth.<\/p>\n\n\n\n

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

Thailand\u2019s primary index lost 1.01% on a week-on-week basis, while on Friday\u2019s session, it gained 0.37%.<\/p>\n\n\n\n

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

After a positive start to the year, this Indonesian index failed to continue its momentum and was down by 1.49% weekly. On Friday, the index gained by 0.29%.<\/p>\n\n\n\n

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

Weak economic sentiment across China and geopolitical tensions drove this Shanghai-based index down by 1.61% weekly. On Friday, it traded flat and was down by 0.16%.<\/p>\n\n\n\n

<\/a>Wrapping Up<\/h2>\n\n\n\n

Following the unfavorable start to the year, the global equities market recovered. Although no significant event or factor moved the world market this week, corporate earnings and the rising price of crude due to the geopolitical crisis will probably have an impact in the upcoming weeks.<\/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

<\/p>\n\n\n\n

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

4 sectors to invest in with the Trans Harbour Link launch<\/a> | How to read candlesticks for technical analysis?<\/a> | What is stock market and how does it work?<\/a><\/p>\n\n\n\n

<\/p>\n","protected":false},"excerpt":{"rendered":"

Factors like geopolitical tensions, inflation data from the US, and the start of the earnings season were in play that affected the markets worldwide.<\/p>\n","protected":false},"author":5,"featured_media":31065,"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-31064","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\/31064","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=31064"}],"version-history":[{"count":0,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/posts\/31064\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media\/31065"}],"wp:attachment":[{"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/media?parent=31064"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/categories?post=31064"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.equentis.com\/blog\/wp-json\/wp\/v2\/tags?post=31064"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}