After two months of poor performances, November saw world stock indices rose on accounts of confidence in the fight against Covid-19 with vaccines showing promising results. Joe Biden winning the US Presidential Election 2020 was another factor for the optimism that economies were looking up.
The Straits Times Index (STI) was up 15.8% for the month to end at 2,805.95 points.
|Stock Indices||30-Oct-20||30-Nov-20||Change (%)|
|CAC 40 (France)||4,594.24||5,518.55||20.1%|
|Nikkei 225 (Japan)||22,977.13||26,433.62||15.0%|
|UK FTSE 100||5,577.27||6,266.19||12.4%|
|Dow Jones (USA)||26,501.60||29,638.64||11.8%|
|S&P 500 (USA)||3,269.96||3,621.63||10.8%|
|Australia All Ordinaries||6,133.20||6,742.10||9.9%|
|Hang Seng (HK)||24,107.42||26,341.49||9.3%|
The Year-to-Date changes from end of 2019 are shown below.
|Stock Indices||31-Dec-19||30-Nov-20||Change (%)|
|S&P 500 (USA)||3,230.78||3,621.63||12.1%|
|Nikkei 225 (Japan)||23,656.62||26,433.62||11.7%|
|Dow Jones (USA)||28,538.44||29,638.64||3.9%|
|Australia All Ordinaries||6,802.40||6,742.10||-0.9%|
|Hang Seng (HK)||28,189.75||26,341.49||-6.6%|
|CAC 40 (France)||5,978.06||5,518.55||-7.7%|
|UK FTSE 100||7,542.44||6,266.19||-16.9%|
On a year-to-date basis, Nasdaq was up 36.0%! S&P 500 Index was up 12.1%. The Dow was up only 3.9%.
Singapore’s STI was still down, but by a smaller percentage of 12.9% (versus -24.8% in October 2020).
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