World Stocks Remained High, MSCI Global Index up 1.03%

On Thursday, July 22, world stocks remained high as the stock market in the United States, Europe, and Asia held firm on their strengths after yesterday’s bounce from week-lows.

The MSCI Global Index increased 1.03%, with a net gain of $30.861. This sent the stocks higher at $3,036.72 per share.

Likewise, the MSCI All Countries Asia Pacific Index also climbed 0.24%, with a net increase of $0.49. This sent the stock above $200.95 per share.

In Japan, the Nikkei 225 and the Topix Index both progressed 0.58% or 159.84 points to $27,548 per share and 0.82% or 15.52 points to $1,904.41 per share, respectively. 

In China, Shenzhen Component and Shanghai Composite rose 0.09% or 13.01 points to $15,225.61 per share and 0.33% or 11.64 points to $3,574.30 per share, respectively.

Also, Hong Kong’s Hang Seng gained 1.76% or 480.01 points to $27,704.59, while South Korea’s also rallied 1.04% or 33.33 points to $3,249.24, respectively.

Additionally, S&P/ASX 200 of Australia also advanced 0.98% or 71.60 points to $7,380.30 per share.

In Europe, the STOXX 600 boosted 1.65% or 7.36 points, which sent the stocks higher to $453.97.

Moreover, London’s FTSE 100 and FTSE All-Share Index both rose 1.70% or 117.15 points to $6,998 and 1.71% or 67.24 points to $4,000, respectively.

In the Frankfurt Stock Exchange, the DAX and MDAX Performance Index improved 1.36% or 206.23 points to $15,423 and 1.63% or 522.58 points to $34,503, respectively.

Wall Street Higher

Furthermore, the three major indexes on Wall Street also edged higher, led by the NASDAQ Composite, which gained 0.92% or 133.08 points to $14,632 per share.

Its best performers include Chembio Diagnostics Inc, which soared 159.22% with a net increase of $3.28, sending the stocks high at $5.34 per share.

NeuroMetrix Inc and Aehr Test Systems followed. They both smashed 107.17% or 10.76 points to $20.80 and 37.50% or 2.19 points to $8.03, respectively.

Consequently, the Dow Jones Industrial Average tweaked 0.83% or 286.01 points to $34,798.

This was led by Chevron, Boeing, and Goldman Sachs Group, which all jumped 3.41% to $99.82, 2.48% or $222.54, and 2.40% or $373.50, respectively.

Lastly, the S&P 500 Index hopped 0.82% or 35.63 points, to $4,359 per share.

The benchmark’s top performers include Chipotle Mexican Grill, Interpublic Group of Cos, and Norwegian Cruise Line Holdings, which all soared 11.54%, 11.32%, and 10.14%, respectively.

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