Barron's - USA (2020-08-03)

M22 BARRON’S August 3, 2020

Foreign Markets

CompleteFOREIGNEXCHANGELIST:PageM34 Key Cross Rates $1=€0.8489, ¥105.84, £0.764

GLOBALSTOCKMARKETS

InLocalCurrencies InU.S.Dollars^1

Week's Week's

Index %Chg. 7/31 52-wkRange %Chg. 7/31 52-wkRange

TheWorld 0.2 1743.4 1874.3– 1251.5 0.6 2305.0 2435.0– 1602.1

E.A.F.E.^2 –3.4 1030.2 1219.1– 842.4 –2.1 1820.2 2057.7– 1354.3

Australia –1.5 1162.5 1434.7– 910.3 –0.5 744.5 872.8– 467.9

Austria –7.6 363.1 584.8– 273.9 –6.0 811.2 1222.9– 560.7

Belgium –3.7 825.7 1151.9– 644.9 –2.0 1210.1 1578.1– 867.7

Canada 1.0 2032.0 2271.5– 1430.3 1.1 1640.3 1856.1– 1063.8

Denmark –1.5 10661.1 11122.6– 7757.5 0.1 12695.0 12905.2– 8380.3

Finland –2.3 688.6 766.4– 492.2 –0.6 540.1 554.9– 353.7

France –3.4 1738.3 2210.8– 1356.1 –1.7 1737.4 2055.9– 1241.8

Germany –4.0 913.8 1048.0– 639.1 –2.4 2021.4 2153.2– 1295.2

Greece –2.3 36.9 62.2– 29.7 –0.7 16.2 25.8– 11.9

HongKong 0.4 14495.3 17472.7– 12302.7 0.4 10385.6 12492.0– 8808.8

Ireland –1.0 224.5 251.4– 152.4 0.7 202.4 214.6– 125.9

Italy –4.9 619.6 835.4– 490.8 –3.2 236.5 291.1– 175.6

Japan –4.7 910.4 1053.1– 754.2 –4.6 3105.0 3462.4– 2503.2

Netherlands –2.9 1859.6 2022.8– 1339.8 –1.3 3602.6 3736.5– 2386.2

NewZealand 1.1 201.7 203.4– 150.5 1.5 204.0 204.7– 129.5

Norway –3.3 2566.6 3077.5– 2130.0 –2.2 2019.3 2481.9– 1377.6

Portugal^3 –5.7 90.0 113.1– 74.0 –4.1 69.7 80.0– 51.9

Singapore –2.3 1354.5 1759.1– 1178.7 –1.5 3038.6 4018.6– 2483.6

Spain –6.3 670.0 974.0– 589.8 –4.7 333.3 442.2– 275.0

Sweden –2.4 13524.5 15073.5– 10157.6 –1.3 8000.6 8269.9– 5094.4

Switzerland –1.8 1342.8 1511.4– 1105.4 –0.4 6339.3 6600.7– 4831.4

U.K. –3.8 1662.7 2195.2– 1428.2 –1.2 909.4 1196.0– 683.9

U.S.A. 1.9 3154.0 3236.7– 2128.1 1.9 3154.0 3236.7– 2128.1

BaseJan.1,1970=100^1 AdjustedforforeignexchangefluctuationsrelativetotheU.S.$.

(^2) Europe,Australasia,FarEastIndex. (^3) Base:Jan.1,1988=100.
Source:MorganStanleyCapitalInternationalPerspective,Geneva.
KEY FOREIGN STOCK MARKET INDEXES
AmsterdamAEX 545.29 –3.31 –59.29 –9.81
AthensGeneral 617.61 –2.63 –299.06–32.62
BangkokSET 1328.53 –0.92 –251.31–15.91
BombaySensex 37606 –1.37 –3646.85 –8.84
BrusselsBel-20 3273.37 –4.72 –682.46–17.25
BuenosAiresMerval 49253 +1.33 +7582.21+18.20
CopenhagenOMX20 1287.22 –1.31 +151.43+13.33
DublinISEQ 6139.00 –0.87 –1044.41–14.54
EUROSTOXXSXXE 348.72 –3.58 –55.22–13.67
EUROSTOXX50SXSE 3174.32 –4.12 –570.83–15.24
FrankfurtDAX 12313 –4.09 –935.65 –7.06
HelsinkiOMHX 9463.69 –2.37 –410.96 –4.16
HongKongHangSeng 24595 –0.45 –3594.40–12.75
IstanbulIMKB 1126.90 –5.46 –17.35 –1.52
JakartaComposite 5149.63 +1.31 –1149.91–18.25
JohannesburgAllShare 55721 +0.14 –1362.30 –2.39
KualaLumpurComposite 1603.75 +0.89 +14.98 +0.94
LISBONPSI 3151.20 –4.05 –214.05 –6.36
LondonFTSE-100 5897.76 –3.69 –1644.68–21.81
MadridIBEX35 6877.40 –5.72 –2671.80–27.98
ManilaComposite 5928.45 –1.25 –1886.81–24.14
MexicoCityIPC 37019 –0.90 –6521.34–14.98
MilanFTSEAllShare 21004 –3.88 –4624.27–18.04
MoscowRTS 1234.44 –1.71 –314.48–20.30
OsloComposite 901.74 –2.12 –130.50–12.64
ParisCAC 4783.69 –3.49 –1194.37–19.98
SantiagoSelective 2770.67 +0.05 –565.19–16.94
SaoPauloBovespa 102912 +0.52 –12733–11.01
SeoulComposite 2249.37 +2.22 +51.70 +2.35
ShanghaiComposite 3310.01 +3.54 +259.88 +8.52
ShenzhenBShareIdx 929.29 +3.00 –32.33 –3.36
SingaporeFTSESTI 2529.82 –1.93 –693.01–21.50
StockholmOMXS 673.57 –1.69 –7.24 –1.06
STOXXEurope50SXSP 2912.90 –3.22 –490.13–14.40
STOXXEurope600SXXP 356.33 –2.98 –59.51–14.31
SydneyS&P/ASX200 5927.80 –1.60 –756.27–11.31
TaipelWeighted 12664 +2.93 +667.66 +5.57
TelAviv125Index 1381.11 –0.54 –235.59–14.57
TokyoNikkei-225 21710 –4.58 –1946.62 –8.23
TorontoS&P/TSX 16169 +1.08 –894.23 –5.24
ViennaATX 2123.55 –5.93 –1063.39–33.37
WellingtonS&P/NZX50 11727 +0.79 +235.73 +2.05
ZurichSwiss 10005 –2.04 –611.04 –5.76
MostRecent Week’s Year-to-Date
Close %Chg. Chg. %Chg.
MostRecent Week’s Year-to-Date
Close %Chg. Chg. %Chg.
Indexesarebasedonlocalcurrencies.Becauseofvariousholidaysandothermarketclosings,themostrecentcloseisnotnecessarily
that of the week of publication.
S&PGlobalBroadMarketIndices
S&PGlobal S&PGlobal SPGlobal Point
Indexes, Indexes, Indexes, Chg. %Chg.
Region/ LocalCurr. Wkly U.S.$ Wkly U.S.$on From From
Country 07/31/20 %Chg. 07/31/20 %Chg. 12/31/19 12/31/19 12/31/19
Americas 351.61 1.68 352.84 — 1.23 — 0.35
Brazil 1038.27 0.91 224.78 0.77 321.59 — 96.81 — 30.10
Canada 496.33 1.13 470.94 1.19 512.59 — 41.65 — 8.13
Chile 282.58 0.05 163.71 1.50 197.06 — 33.34 — 16.92
Mexico 617.85 — 0.71 225.06 0.09 310.96 — 85.90 — 27.62
U.S. 33323.80 1.72 33323.80 1.72 33035.38 288.42 0.87
LatinAmerica 215.87 0.58 304.77 — 88.89 — 29.17
Europe 364.58 — 1.30 408.14 — 43.56 — 10.67
Austria 217.03 — 5.77 213.01 — 4.14 299.44 — 86.43 — 28.86
Belgium 306.49 — 3.30 300.82 — 1.63 368.41 — 67.59 — 18.35
Denmark 2077.21 — 1.55 2064.56 0.06 1769.38 295.18 16.68
Finland 1378.69 — 2.23 1353.20 — 0.55 1329.35 23.84 1.79
France 357.22 — 3.24 350.61 — 1.57 412.89 — 62.27 — 15.08
Germany 442.53 — 3.83 434.35 — 2.17 455.73 — 21.38 — 4.69
Greece 14.42 — 3.06 15.49 — 1.39 23.73 — 8.25 — 34.74
Ireland 634.36 — 1.34 622.63 0.36 665.38 — 42.75 — 6.42
Italy 188.99 — 4.59 185.49 — 2.94 217.35 — 31.85 — 14.66
Netherlands 667.20 — 3.04 654.86 — 1.36 624.39 30.47 4.88
Norway 540.81 — 1.64 417.35 — 0.55 500.64 — 83.30 — 16.64
Portugal 57.03 — 5.20 61.26 — 3.56 68.24 — 6.98 — 10.22
Russia 2099.85 0.69 224.60 — 1.92 290.94 — 66.34 — 22.80
Spain 311.36 — 5.76 305.60 — 4.13 399.59 — 93.99 — 23.52
Sweden 1309.70 — 1.85 1058.04 — 0.73 982.90 75.14 7.64
Switzerland 586.10 — 1.90 939.92 — 0.46 940.04 — 0.11 — 0.01
United Kingdom 235.51 — 3.38 204.71 — 0.84 267.99 — 63.28 — 23.61
South Africa 845.73 — 0.24 242.42 — 2.29 316.49 — 74.07 — 23.40
PacificRegion 229.36 — 0.73 238.86 — 9.49 — 3.97
Australia 423.43 — 1.65 440.86 — 0.66 485.26 — 44.41 — 9.15
China 547.02 1.81 662.94 1.94 590.76 72.18 12.22
Hong Kong 430.14 1.07 430.26 1.09 477.15 — 46.90 — 9.83
India 1059.40 — 0.35 556.32 — 0.32 624.41 — 68.09 — 10.90
Japan 117.40 — 4.79 138.64 — 4.68 155.29 — 16.65 — 10.72
Malaysia 244.41 1.30 150.88 1.87 156.90 — 6.01 — 3.83
New Zealand 392.45 0.37 509.11 0.73 494.63 14.48 2.93
Philippines 297.78 — 1.27 241.77 — 0.89 313.51 — 71.75 — 22.89
Singapore 162.03 0.18 193.07 0.91 224.34 — 31.27 — 13.94
South Korea 876.80 2.95 1247.47 3.82 1222.99 24.48 2.00
Taiwan 126.87 3.03 141.40 3.57 129.43 11.97 9.25
Thailand 292.57 — 0.90 451.15 0.72 567.16 — 116.01 — 20.45
EuroZone 133.51 — 1.96 148.72 — 15.21 — 10.23
EuropeDeveloped(exU.K.) 488.64 — 1.44 520.07 — 31.42 — 6.04
Europe(Nordic) 1065.39 — 0.46 1005.63 59.75 5.94
Pacific(ex.Japan) 322.37 1.59 321.74 0.63 0.20
World(exUS) 196.80 — 0.81 214.75 — 17.95 — 8.36
S&PGlobalBroadMarketIndices 269.99 0.59 279.60 — 9.61 — 3.44
GLOBALDOW 2924.72 — 1.05 3251.24 — 326.52 — 10.04
s2020S&PDowJonesIndices.AllRightsReserved.
Europe
-2.98% S&P Europe BMI
-1.55 Denmark
-1.64 Norway
-1.85 Sweden
-1.90 Switzerland
-2.23 Finland
-3.04 Netherlands
-3.06 Greece
-3.24 France
-3.30 Belgium
-3.38 U.K.
-3.83 Germany
-4.59 Italy
-5.76 Spain
Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices

Chipper?:Covid-19 outbreaks troubled Spain

and the UK, but Europe’s tech earnings rose.

Asia

-1.05% S&P Pan Asia BMI

Taiwan 3.03

South Korea 2.95

China 1.81

Indonesia 1.38

Malaysia 1.30

Hong Kong 1.07

New Zealand 0.37

Singapore 0.18

-0.35 India

-0.90 Thailand

-1.27 Philippines

-1.65 Australia

-4.79 Japan

Indexes based on S&P Global Broad Market Indices Source: S&P DJ Indices

On Its Feet:China’s economy continued its

recovery, while America’s GDP tanked.