Stock Market Update: September 19, 2023
In yesterday’s trading session, the New York Dow Jones Stock Exchange Index closed in the negative territory as investors sought to reduce risk ahead of the Federal Reserve’s monetary policy announcement. The Dow Jones Industrial Average ended at 34,517.73 points, down 0.31%, while the S&P 500 Index closed at 4,443.95 points, down 0.22%. The Nasdaq Index also experienced a decline, closing at 13,678.20 points, down 0.31%.
European Stock Markets
European stock markets finished the day mostly unchanged. Energy stocks saw gains that offset declines in industrial stocks. Investors traded cautiously as they awaited the outcomes of various central bank meetings scheduled for this week. The STOXX 600 Index closed at 456.52 points, down 0.04%. The CAC-40 index of the French stock market closed at 7,282.12 points, up 0.08%, while the DAX index of the German stock market closed at 15,664.48 points, up 0.40%. The FTSE 100 index of the London stock market closed at 7,660.20 points, up 0.10%.
London Stock Exchange
The London Stock Exchange closed on a positive note as investment banking and brokerage services stocks experienced gains. Investors eagerly awaited the release of British inflation data and the results of several central bank meetings. The FTSE 100 Index closed at 7,660.20 points, up 0.10%.
Oil Market
West Texas Crude Oil (WTI) contracts in New York closed negatively as investors decided to take profits after three consecutive days of rising oil prices. The WTI crude oil contract for October delivery fell to $91.20 a barrel, down 0.3%. Meanwhile, the Brent crude oil contract for November delivery closed at $94.34 a barrel, down 0.1%.
Gold Market
New York gold futures ended slightly positive as investors closely watched the outcome of the Federal Reserve’s monetary policy meeting. The COMEX gold contract for December delivery closed at $1,953.70 per ounce, up 0.02%. However, silver and platinum contracts experienced mixed results. The money agreement for December delivery fell to $23.456 per ounce, down 0.18%, while the platinum contract for October delivery rose to $948.40 per ounce, up 1.08%. The palladium contract for December delivery also saw a positive trend, closing at $1,266.50 per ounce, up 1.8%.
Foreign Exchange Markets
In foreign exchange trading, the US dollar weakened slightly against major currencies as investors awaited the outcomes of the Federal Reserve and Bank of England monetary policy meetings. The dollar index, which measures the dollar’s movement against six major currencies, fell to 105.1584. The dollar strengthened against the yen and the Swiss franc, while weakening against the Canadian dollar. The euro weakened against the dollar, while the pound strengthened.
Market Index Highlights:
- New York Stock Exchange DJIA index: 34,517.73 points, down 0.31%
- New York Stock Exchange S&P500 index: 4,443.95 points, down 0.22%
- NASDAQ New York Stock Exchange Index: 13,678.19 points, down 0.23%
- London Stock Exchange FTSE 100 Index: 7,660.20 points, up 0.10%
- French CAC-40 stock market index: 7,282.12 points, up 0.08%
- DAX index of the German stock market: 15,664.48 points, up 0.40%
Other notable market indices include:
- Australian stock market index S&P/ASX 200: 7,196.60 points, down 0.47%
- Australian stock market index ALL ORDINARIES: 7,395.00 points, down 0.45%
- Japanese stock market index NIKKEI 225: 33,242.59 points, down 0.87%
- South Korean stock market index KOSPI: 2,559.21 points, down 0.60%
- Taiwan Stock Exchange TAIEX Index: 16,636.32 points, down 0.37%
- SSE Composite Index of the Chinese stock market: 3,124.96 points, down 0.03%
- HSI Hong Kong Stock Exchange Index: 17,997.17 points, up 0.37%
- Indonesia’s stock market Jakarta Composite Index: 6,980.32 points, up 0.64%
- Philippine Stock Market PSE Composite Index: 6,047.97 points, down 1.25%
- Malaysia’s FMKLCI stock market index: 1,457.66 points, down 0.02%
- FTSE FTSE Singapore Stock Exchange Index: 3,240.75 points, down 0.69%
Indian stock markets were closed on September 19 due to Ganesh Chaturthi.
Overall, investors remain cautious as central bank meetings and economic indicators continue to shape market trends.
Stock market index and conditions, oil, gold and foreign exchange markets on 19 September 2023
— The New York Dow Jones Stock Exchange Index ended in the negative on Tuesday (September 19) as investors sold stocks to reduce risk. Before knowing the results of the Federal Reserve (Fed) monetary policy meeting on Wednesday (September 20) US time.
The Dow Jones Industrial Average closed at 34,517.73 points, down 106.57 points or -0.31%, the S&P 500 Index closed at 4,443.95 points, down 9.58 points or -0.22%, and the Nasdaq Index closed at 13,678.200 points down or -0.31%. %.
– European stock markets closed flat on Tuesday (September 19), with gains in energy stocks offsetting declines in industrial stocks. Meanwhile, investors are trading cautiously as they await the outcome of various central bank meetings this week.
The STOXX 600 Index closed at 456.52 points, down 0.20 points or -0.04%.
The CAC-40 index of the French stock market closed at 7,282.12 points, an increase of 5.98 points or +0.08%, the DAX index of the German stock market closed at 15,664.48 points, an increase of 62.64 points or +0.40%, and the FTSE 100 index closed of London stock at 7,660.20 points, up 7.26 points or +0.10%
– The London Stock Exchange closed positive on Tuesday (September 19), supported by gains in investment banking and brokerage services stocks. As investors await the release of British inflation data and the results of several central bank meetings this week,
The London Stock Exchange FTSE 100 Index closed at 7,660.20 points, an increase of 7.26 points or +0.10%.
– West Texas Crude Oil (WTI) contracts in New York closed negative on Tuesday (September 19) as investors took profits after oil prices rose for 3 consecutive trading days earlier. After Saudi Arabia and Russia extended oil supply cuts until the end of this year.
The WTI crude oil contract will be delivered in October. fell 28 cents, or 0.3%, to close at $91.20 a barrel.
The Brent crude oil contract (BRENT) will be delivered in November. fell 9 cents, or 0.1%, to close at $94.34 a barrel.
– New York gold futures ended slightly positive on Tuesday (September 19) as investors eyed the results of the Federal Reserve’s (Fed) monetary policy meeting, which will be announced on Wednesday (September 20).
The COMEX (Commodity Exchange) gold contract will be introduced in December. Up 30 cents, or 0.02%, to close at $1,953.70/ounce.
Money agreement to be distributed in December. fell 4.20 cents, or 0.18%, to close at $23.456/ounce.
Platinum contract to be delivered in October. Up $10.10 or 1.08% to close at $948.40/oz.
Palladium contract to be delivered in December. Up $22.50, or 1.8%, to close at $1,266.50/ounce.
— The US dollar fell slightly against major currencies in trading on the New York Forex Exchange on Tuesday (September 19) as investors awaited the outcome of the Federal Reserve and Bank of England (BoE) monetary policy meeting.
The dollar index, which measures the dollar’s movement against six major currencies, fell 0.04% to 105.1584.
The US dollar weakened against the Canadian dollar to 1.3442 Canadian dollars from 1.3496 Canadian dollars on Monday (September 18) and the Swedish krona to 11.1520 kronor from 11.1694 Canadian dollars on Monday, but the dollar strengthened against the yen at 147.8147 yen. and against the Swiss franc at 0.8982 francs from 0.8978 francs.
The euro weakened against the dollar to $1.0677 from $1.0679 on Monday. Meanwhile, the pound strengthened to $1.2391 from $1.2376.
The New York Stock Exchange DJIA index closed at 34,517.73 points, down 106.57 points, -0.31%.
The New York Stock Exchange S&P500 Index closed at 4,443.95 points, down 9.58 points, -0.22%.
The NASDAQ New York Stock Exchange Index closed at 13,678.19 points, down 32.05 points, -0.23%.
The London Stock Exchange FTSE 100 Index closed at 7,660.20 points, up 7.26 points, +0.10%.
The French CAC-40 stock market index closed at 7,282.12 points, up 5.98 points, +0.08%.
The DAX index of the German stock market closed at 15,664.48 points, up 62.64 points, +0.40%.
The Australian stock market index S&P/ASX 200 closed at 7,196.60 points, down 33.80 points, -0.47%.
The Australian stock market index ALL ORDINARIES closed at 7,395.00 points, down 33.10 points, -0.45%.
The Japanese stock market index NIKKEI 225 closed at 33,242.59 points, down 290.50 points, -0.87%.
The South Korean stock market index KOSPI closed at 2,559.21 points, down 15.51 points, -0.60%.
The Taiwan Stock Exchange TAIEX Index closed at 16,636.32 points, down 61.92 points, -0.37%.
The SSE Composite Index of the Chinese stock market closed at 3,124.96 points, down 0.98 points, -0.03%.
The HSI Hong Kong Stock Exchange Index closed at 17,997.17 points, up 66.62 points, +0.37%.
Indian stock markets were closed yesterday (September 19) on the occasion of Ganesh Chaturthi.
Indonesia’s stock market Jakarta Composite Index closed at 6,980.32 points, up 44.24 points, +0.64%.
The Philippine Stock Market PSE Composite Index closed at 6,047.97 points, down 76.60 points, -1.25%.
Malaysia’s FMKLCI stock market index closed at 1,457.66 points, down 0.33 points, -0.02%.
The FTSE FTSE Singapore Stock Exchange Index closed at 3,240.75 points, down 22.64 points, -0.69%.
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