Shareholders' Report May 09, 2018

stocks and shares

 

The global stock market closed the day with a positive trend amid a rebound in benchmark WTI crude oil prices and a drop in global volatility, after the leaders of Great Britain, France, and Germany, as well as the president of Iran, said they would try to preserve the nuclear agreement recently abandoned by the United States. In line with this, US indices closed higher, due to an increase in the value of energy sector stocks, led by Chevron, Exxon Mobil, and Energy Select Sector, which increased 1.7%, 2.36%, and 2.04% respectively. Meanwhile, the Dow Jones industrial average reached 24.543 points after completing its fifth consecutive session of gains, limited by the weak performance of public sector stocks, after 10-year Treasury bonds reached 3,004%, while 2-year Treasury bonds reached their highest level since September 2008, at 2,53%.

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