The Last Week’s Trading Activities In Perspective

Last week was a positive affair for the world’s major stock markets with all making ground.

In Europe over the course of the week, the FTSE was up on last week’s close by 0.31% at 7459.9; the Dax ended at 12222, 1.9% up on last week’s close; the CAC was up by 1.4% to end the session at 5580.4. 

The Dow ended the week up by 0.56% to close at 26560. The Nasdaq composite index was up by 0.17% over the course of the week at 7998.1.

The Nikkei 225 ended the week’s trading up by 1.5% to end the session at 22201.

On the currency markets last week, the Yen enjoyed the best of the trading. The Dollar was stronger against Sterling last week closing at $1.3001 to the Pound, a gain of 0.66% on the week. The Greenback was stronger against the Euro last week, rising by 0.54% to close at $1.1246 to the Euro.

The Dollar weakened against the Japanese currency closing at 111.9 Yen to the Dollar, making a loss of 0.07% during the week.

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The Euro was weaker against the Yen ending at 125.9, a loss of 0.58% over the course of the week. It was stronger against Sterling last week, the close saw one £ buying €1.1560, a gain of 0.13% on the week.

The Euro now buys 1.1409 CHF, a gain of 0.73% on the week.

On the commodities market, the price for Brent crude ended at
$71.97 per barrel, a rise of 0.59% over the course of the week’s trading. The value of gold was lower last week closing at $1273.1 per ounce, a fall of 1.3% on the week.

The data that supports this article is drawn from Bloomberg, The Financial Times and X-rates.

Dr. Mike Campbell is a British scientist and freelance writer. Mike got his doctorate in Ghent, Belgium and has worked in Belgium, France, Monaco and Austria since leaving the UK. As a writer, he specialises in business, science, medicine and environmental subjects.