We can see the end of first half of this year. How are stock markets doing? The year-to-date percentage change between two dates are provided in the table below.
|S&P 500 (USA)||1,848.36||1,951.27||5.6%|
|Dow Jones (USA)||16,576.66||16,943.10||2.2%|
|Australia All Ord||5,353.10||5,443.50||1.7%|
|Hang Seng (HK)||23,306.39||23,117.47||– 0.8%|
|Shanghai Composite (China)||2,115.98||2,030.50||-4.0%|
|Nikkei 225 (Japan)||16,291.31||15,124.00||-7.2%|
Mumbai’s Sensex index jumped 20.8% and was clearly a phenomenal change on account of a change of government after a general election recently. Investors who did not go into Indian stock market had missed the boat. Will there be further upside for the rest of the year?
Singapore STI had risen 4.3% so far this year (last year: +0.01%), quite a good performance compared with the rest of the indices. Taiwan Weighted index was up 6.4% and S&P 500 was up 5.6%. Dow Jones Ind Avg was up 2.2%. Hang Seng index, Kospi, Shanghai Composite, and Nikkei 225 were down year-to-date.
As for Nikkei 225, it jumped 56.7% spectacularly last year and correction was seen in first half of this year. Hang Seng Index, Kospi and Shanghai Composite continued to be laggards this year as was in last year.
See table below for changes in indices for 2013. (1 Jan 2013 vs 31 Dec 2013).
|Stock Indices||Change in 2013|
|S&P 500 (USA)||29.6%|
|Dow Jones (USA)||26.5%|
|Australia All Ord||14.8%|
|Hang Seng (HK)||2.9%|
|Shanghai Composite (China)||-6.7%|
|Nikkei 225 (Japan)||56.7%|
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