The stock exchanges of the largest economies in the world “the United States, China, Japan, South Korea and India”, and with it the Saudi stock market, compensated for all their losses resulting from the Corona pandemic, and even exceeded their levels before the outbreak of the virus, ranging between 2.9 percent and 23.1 percent.
The decline in commodity and currency markets began mainly since January 15, 2020, when the World Health Organization stated that it was working with officials in Thailand and China, after reports confirmed the discovery of a person infected with a new Coronavirus in Thailand.
According to the monitoring unit of the reports in Al-Eqtisadiah newspaper, the performance of the American and Asian indicators was the best during the mentioned period, as it exceeded pre-virus levels.
While the European indicators are the worst, as they are still between 1.1 percent and 18.8 percent from their levels before Corona.
The Saudi stock market index was among the markets that exceeded their levels before Corona, up 2.9 percent since January 15.Up markets
The major global stock markets, the best performers since the Coronavirus were officially announced on January 15, were topped the US Nasdaq index and the Korean Kospi 50 index.
The Nasdaq index of US stocks rose from its levels before Corona 23.1 percent, to close on November 24 at 12037 points, compared to the January 15, 2020 session, during which it closed at 9259 points.
The Kospi 50 index “South Korea” also rose 20.9 percent, to close on November 25 at 2601.5 points, compared to the January 15, 2020 session, during which it closed at 2057 points.
Third, the US Standard & Poor’s 500 Index, which is only 9.5 percent higher than its levels before Corona, and closed on November 24 at 3,635 points, compared to 3,289 points on January 15.
Followed by the Japanese Nikkei 225 index, which is 9.1 percent higher than its levels before Corona, as it closed yesterday, Wednesday, at 26597 points, compared to 23,917 points before the virus.
Fifthly, the Chinese Shanghai Index, up 8.1 percent from its levels before Corona, as it closed on Wednesday at 3,362 points, compared to 3,090 points on January 15.
Behind it came the Indian Sensex index, up 6 percent, recording 44,523 points, its last closing, compared to 41,873 points before Corona.
In the seventh place, the US Dow Jones Index, as it rose 3.4 percent from its levels before Corona, and closed last Tuesday at 30,046 points, compared to 29030 points on January 15th.
Eighth, the Saudi TASI index, which rose 2.9 percent from its levels before Corona, as it closed yesterday at 8,689 points, compared to 8,433 points on January 15.
Declining stock exchanges
While almost all declining stock exchanges were European, the British FTSE 100 index, down 18.8 per cent from pre-Corona levels, followed by the Spanish IBEX 35, down 16.8 per cent, then the French CAC 40 index, which fell 8.5 per cent, and the Italian Milan 40 index, 7.3 per cent, The German DAX is 1.1%.
On the other hand, the Russian index remains down 1.2 percent from its levels before Corona.
Economic Reports Unit