Business

A bleak day in global stock exchanges!

The red color prevailed on most stock exchanges in the world, today, Friday, in light of fears of the repercussions of monitoring a new mutated version of Corona in South Africa.

And the new strain that scientists have monitored in the African country may be able to evade the immune response, which has prompted some countries to impose travel restrictions to and from South Africa.

European markets:

The British FTSE 100 fell 3.28% to 7070 points, the French CAC40 fell 3.16% to 6820 points, and the German DAX fell 3.15% to 15416 points.

Moscow Stock Exchange:

The two indices of the Moscow Stock Exchange fell today. The MICEX ruble-denominated stock index fell, by 10:50 Moscow time, by 2.43 percent to 3851 points, while the stock index of dollar-denominated shares fell 3.71% to 1603 points.

The exchange rate of the Russian currency also fell against the American and European currencies, and the dollar amounted to 75.58 rubles, while the euro reached 84.90 rubles.

Oil Markets:

Black gold prices tumbled during today’s trading, and US West Texas Intermediate crude futures fell 4.67% to $74.73 a barrel, while Brent crude futures fell 4.06% to $78.88 a barrel.A bleak day in global stock exchanges!Trading trend of “Brent” mix Friday, November 26, 2021

Gold is the biggest gainer:

Gold prices, which is a safe haven, rose in light of fears of the new strain, and spot gold rose 1.02% to $1807 an ounce, while US gold futures increased 1.26% to $1809.50 an ounce.

Asia markets:

The Japanese “Nikkei” index fell to its lowest level in a month due to concerns, and “Nikkei” fell by 2.53% to close at 28,751.62 points, the lowest closing level since last October 25, and recorded its largest daily decline in more than five months.

The broader “TOPIX” index fell 2.01% to close at 1984.98 points, the lowest level in six weeks.

Source: Reuters

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