Newsletter

Summary of stock market conditions, oil, gold and foreign exchange markets.

Stock market indices and conditions, oil, gold and foreign exchange markets as of March 28, 2023.

– The New York Dow Jones Stock Exchange closed lower on Tuesday (March 28), as investors eyed the approach to tighter regulations in the US banking sector. After the bankruptcy of Silicon Valley Bank

The Dow Jones Industrial Average closed at 32,394.25 points, down 37.83 points or -0.12%, the S&P 500 closed at 3,971.27 points, down 6.26 points or -0.16%, and the Nasdaq closed at 11,716.08 points, down 50.75 points, down 50.74% or -2.74%

– European stock markets closed slightly lower on Tuesday (March 28) as investors remained concerned about the banking crisis following the collapse of Credit Suisse and two US banks.

The STOXX 600 index closed at 444.45 points, down 0.27 points or -0.06%.

France’s CAC-40 stock market index closed at 7,088.34 points, up 10.07 points or +0.14%, Germany’s DAX stock market index closed at 15,142.02 points, up 14.34 points or +0.10% and the London Stock Exchange FTSE 100 index closed on 7,484.25 points, an increase of 12.48 points or +0.17%

– The London stock market closed higher on Tuesday (March 28), supported by rising commodity stocks. But the index fell from the day’s high. The Bank of England (BoE) said the BoE is under surveillance after turmoil in the global banking sector. After the collapse of the Silicon Valley Bank of the United States and swiss credit banks from switzerland

The London Stock Exchange FTSE 100 closed at 7,484.25 points, up 12.48 points, or +0.17%.

– New York West Texas Intermediate (WTI) crude futures ended a second straight gain on Tuesday (March 28), as the market continued to be supported by news that Iraq halted some oil exports from the region. which is located in northern Iraq The news led investors to expect that the global oil market will face tight supply conditions.

WTI crude for May delivery rose 39 cents, or 0.5%, to settle at $73.20 a barrel.

Brent crude oil futures ( BRENT ) for May delivery rose 53 cents, or 0.7%, to settle at $78.65 a barrel.

– New York gold futures closed above $1,970 on Tuesday (March 28), supported by a weak dollar. and by investors buying and speculating After the gold contract fell consecutively for 2 working days earlier.

The COMEX (Commodity Exchange) gold contract for April delivery rose $19.70, or 1.01%, to close at $1,973.50/ounce.

Silver futures for May delivery rose 27.50 cents, or 1.19%, to close at $23.42/ounce.

The platinum contract for April delivery fell $10.60, or 1.08%, to close at $971.90/ounce.

The palladium contract for June delivery rose $10.60, or 0.8%, to settle at $1,414.70/ounce.

— The pound strengthened against the US dollar. In trading on the New York Stock Exchange on Tuesday (March 28) after the Governor of the Bank of England (BoE) expressed confidence that the British banking system was not affected by the collapse of Silicon Valley Bank (SVB) and Credit Suisse, while the dollar remained to fall on expectations that the US Federal Reserve (Fed) may cut interest rates faster than expected.

The dollar index, which measures the greenback against a basket of six major currencies, was down 0.41 percent at 102.4281.

The pound was higher against the dollar at $1.2336 from $1.2289, while the euro rose to $1.0842 from $1.0796.

The dollar was weaker against the yen at 130.79 yen from 131.57 yen and against the Canadian dollar at 1.3603 from CAD 1.3650. 0.9193 francs from 0.9157 francs

The New York Stock Exchange DJIA index closed at 32,394.25 points, down 37.83 points, -0.12%.

The New York Stock Exchange S&P500 closed at 3,971.27 points, down 6.26 points, -0.16%.

The NASDAQ index of the New York Stock Exchange closed at 11,716.08 points, down 52.76 points, -0.45%.

The French CAC-40 stock market index closed at 7,088.34 points, up 10.07 points, +0.14%.

The German DAX stock market index closed at 15,142.02 points, up 14.34 points, +0.10%.

The London Stock Exchange FTSE 100 closed at 7,484.25 points, up 12.48 points, +0.17%.

Australia’s S&P/ASX 200 Index closed at 7,088.34 points, up 10.07 points, +0.14%.

The ALL COMMON index of the Australian stock market closed at 7,219.40 points, up 75.60 points, +1.06%.

Japan’s NIKKEI 225 stock market index closed at 27,518.25 points, up 41.38 points, +0.15%.

South Korea’s KOSPI stock market index closed at 2,434.94 points, up 25.72 points, +1.07%.

The Taiwan TAIEX stock market index closed at 15,701.48 points, down 128.83 points, -0.81%.

The SSE Composite index of the Chinese stock market closed at 3,245.38 points, down 6.02 points, -0.19%.

The Hong Kong stock market HSI index closed at 19,784.65 points, up 216.96 points, +1.11%.

The Indian stock market index SENSEX closed at 57,613.72 points, down 40.14 points, -0.07%.

Indonesia’s Jakarta Composite Index closed at 6,760.33 points, up 51.40 points, +0.77%.

The Philippine Stock Exchange PSE Composite Index closed at 6,603.15 points, up 8.12 points, +0.12%.

Malaysia’s FMKLCI stock market index closed at 1,409.09 points, up 12.49 points, +0.89%.

The FTSE STI Stock Exchange of Singapore closed at 3,255.54 points, up 16.51 points, +0.51%.