Global Stock Market on May 12:
- On average in the market session of today, US Major Indices lost -8.65%.
- S&P 500 decreased its value by -1.65%.
- Dow Jones Industrial Average decreased its value by -1.02%.
- NYSE Composite fell today by -0.21%
- German Index DAX Incremented its value by +2.17%
- Hang Seng Incremented in today’s session to 19824.57
- French CAC 40 Incremented in today’s session to 6269.7
- Indian Nifty 50 decremented this session by -0.45%
Global Markets experienced another quite lateral variation this session. On average all major indexes signed a 0.34% variation.
In general, the majority of the Analysts for Global Major Indexes felt a negative market sentiment for the short term with a preponderance of Strong Sell. The same analysis performed for the Medium Term and Long Term revealed for both of them a Strong Sell as perspective.
Let’s analyze in detail the major indexes for American, European, and Asia & Pacific Markets.
US Major Indices closed with a dismal result with most of the indexes in the red. On average in the market session of today, US Major Indices lost -8.65%. Performing a comparison among the major marketplaces, the American Market Followed the European and Followed the Asia & Pacific market.
S&P 500 decreased its value by -1.65%, being traded now at 3935.18points. S&P Performance so far is downbeat: its YTD value has dropped by -17.44%.
NASDAQ slipped in today session, being traded now at 11364.24NASDAQ Performance this year has been mainly negative results: its today variation of -3.18% or -373.43 brings now the total YTD Performance to -27.36%
Dow Jones Industrial Average decreased its value by -1.02% or -326.63, being traded now at 31834.11. Dow Jones Performance so far is downbeat: its YTD value has dropped by -12.40%.
NYSE Composite fell today by -0.21% or -32.1 points. This led the index to be traded at 15025.7. Analyzing the past months till January we discover that its Year to Date performance has been dismal recording a variation of -0.1246.
Lastly, the Index for the Small Cap (Small Cap 2000) slipped in today’s session, its value is 1716.15. Today has decreased by -2.59% or -45.64 points. Its performance this year registered a variation of -23.57%.
Remaining in the Americas, the Canadian S&P/TSX Index, in today’s session moved by -0.27% or -52.81 points. It brings the Index to be traded at 19837.25. S&P/TSX Year to Date Yield is below zero recording a movement of -6.53%.
Moving to European Major Indices, the last session has shown an European Market above the expectations. The majority of the indexes are green. The sum during the last market session of the European Major Indices brings the total to gain: 1514.74 points. On average European Markets Outperformed the American Market and Outperformed the Asian one.
The German Index DAX Incremented its value by 2.17% or 293.9 points. The index is now traded at 13828.64. DAX results this year are downbeat since it dropped on a year to date scale around -12.94%. Volumes for today’s session were 107719836.
French CAC 40 Incremented in today’s session to 6269.73 with a daily variation of 2.50% or 152.82 points. Also CAC 40 performance this year has been downbeat since it dropped give or take -12.35%.
The Iberic Ibex35 from Spain, Incremented, its value moved during the last session of 2.13% or 173.4 points. YTD results for Ibex have shown a development of its value till -4.60%.
Euro Stoxx 50, the index created in 1998 to regroup the Major Companies and now traded in several currencies (USD-JPY-EUR-GBP), today Incremented its yield. The European Index Basket is now traded at 3647.87 points. The latest variation of 2.62% or 93.07 points. This latest up and down adds to a downbeat trend registered from the beginning of the year. YTD is indeed -15.13%.
Coming to Bel Paese (Italy), FTSE ALL SHARE followed the colleagues. During this session it increased to 25868.34 with a variation of 697.11 points or2.77%. Also for this index the YTD performance has seen a drop of -13.60%.
Last but not least for the European Team, we have the United Kingdom. The FTSE 100 indeed reported an Increment in today’s session and experienced a variation of its value by 1.44% being traded now at 7347.66. The session registered a variation of 104.44 points. The future based on the past is downbeat with its Year-to-date value drop of -0.50%.
Asia and Pacific Major indices closed with a above the expectations result with the majority of the indexes in green. On average during the last market session, Asia & Pacific Indices gained around 160.88. In the usual comparison among the Major Indices, the Asian Market Outperformed the Americas and Followed the European Market.
Hang Seng Incremented in today’s session to 19824.57. It changed around 0.97% or 190.88 points. Its performance this year has been downbeat since it dropped around -15.27%.
The Indian Nifty 50 decremented this session by -0.45% and is now traded at 16167.1 with the last variation of -72.95 points. Nifty 50 performance this Year, analysts’ said is downbeat due to its drop of -6.84%.
Going to the Japanese market, the Nikkei 225 Index followed its colleagues and increased its value by 0.18% or 46.54 points. Nikkei 225 due to this change is now traded at 26213.64. YTD results are not too far from certain competitors. Nikkei 225 is now at -8.95% from January.
Last Index under the lens is the Jakarta index, now called IDX Composite. The former JI decremented its value during the last session of -0.05% or -3.59 points. The overall analysis of the movement registered this year is optimistic due to the hike of the index to around 3.57%. The last value for today’s session is 6816.2.
All values and prices have to be intended at press time.
