Ekrami Abdullah from Riyadh
Stock exchanges of the largest economies in the world, "the United States, China, Japan, and Germany", are close to recouping all their losses since the beginning of the announcement of the Coronavirus, and some of them even exceeded 6 percent before the virus.
Commodities and currency markets have started to decline mainly since January 15, 2020, when the World Health Organization said it was working with officials in Thailand and China after reports confirmed that a person had been infected with a new Coronavirus in Thailand.
According to the analysis of the reporting unit in the newspaper "Al-Iqtisadiya", the Nasdaq American stocks index rose from its levels before Corona 5.7 percent, to close on the fifth of June at the level of 9814 points, compared to the session of January 15, 2020, during which it closed at 9259 points.
The Kospi 50 index "South Korea" also rose by the same percentage, to close on June 5 at 2182 points, compared to the session of January 15, 2020, during which it closed at 2057 points.
The data indicate that the performance of the US and Asian indicators was the best during the mentioned period, as it separates only 3% to 7% from pre-virus levels.
While the European indicators are worse "with the exception of Germany", which is between 16 and 21 percent from their levels before Corona.
The Saudi stock market index came in a central region, where it is still down 15.5% since January 15th.
Indicators details
The world's top stock market rankings were the best performing since the Coronavirus was officially announced on January 15th, at the forefront of the US Nasdaq and the Korean Kospi 50, up 5.7 percent from pre-corona levels.
Third, the US Standard & Poor's 500 Index, where it remains only 3 percent lower than its levels before Corona, and closed on the fifth of last June at 3194 points, compared to 3289 points on January 15th.
Followed by the Japanese Nikkei 225 Index, which is 3.2 percent down from its levels before Koruna, when last Friday it closed at 23178 points versus 23917 points before the virus.
Fifth, the German DAX 30 index, down 4.6 percent from its levels before the Corona, when last Friday it closed at 12,848 points compared to 13,432 points on January 15th.
Behind that was the Shanghai China Index, which fell 5.4 percent, recording 2931 points, its last close, compared to 3090 points before Corona.
In the seventh place, the US Dow Jones Index, where it remains retreating 7.1 percent from its levels before Corona, and last Friday closed at 27,111 points compared to 29030 points on January 15th.
Eighth, the Saudi Tassi Index, which fell 15.5 percent from its levels before Corona, as it closed yesterday at 7,300.5 points compared to 8,433 points on January 15th.
Then the European indices, the French CAC 40 index fell 16.1 percent from the levels before Corona, followed by the Milan 40 Italian index 17.7 percent, then the British FTSE 100 index, 17.9 percent, and the Spanish IBEX 35 index decreased by 20.8 percent.
The Indian Sensex is down 22.1 percent, closing on June 5 at 34,287 points, compared to 41,873 points on January 15th.
Economic Reports Unit
