Wednesday, 10 August 2016

2016 Country Stock Market Performance

Below is a list highlighting the year-to-date percentage change (in local currency) for the main stock market indices of 76 countries around the world. Overall, 41 of 76 countries (54%) are in positive territory for the year, while the average country is now up 3.7% YTD. Peru’s stock market is currently at the top of the list with a 2016 gain of 56.32%. Brazil ranks 2nd at +32.95%, followed by Argentina (+31.90%) and Russia (+25.97%). Namibia rounds out the top five with a YTD gain of 23.38%.

Of the G7 countries, Canada is on top with a gain of 13.56%. The UK (yes, the UK) ranks second with a YTD gain of 9.08%, but remember, this is in local currency, so it doesn’t factor in the 12% drop that the pound has seen this year. Priced in dollars, the UK’s stock market is down roughly 3.5% year to date. Even that doesn’t seem too bad, though, given the Brexit freak-out that occurred at the end of June.

The US is the only other G7 country in the black this year with a gain of 6.59%. Germany, France, Japan and Italy are all in the red, with Italy actually ranking dead last out of all countries at -21.82%. China ranks second to last with a decline of 15.11%, but the other three BRIC countries are solidly in the black.


Colombo Stock Exchange Trade Summary 10-Aug-2016

Quote for the day

"Be more concerned with your character than your reputation, because your character is what you really are, while your reputation is merely what others think you are." - John Wooden