The past week was shocking for world stock markets. How bad were the stock indices for major bourses?
The following table shows the stock indices of 31 December 2014 and 31 December 2015. The percentage change between two dates are provided in the table.
|Stock Indices||31 Dec 2014||31 Dec 2015||Change|
|Hang Seng (HK)||23,605.04||21,914.40||-7.2%|
|Dow Jones (USA)||17,823.07||17,425.03||-2.2%|
|Australia All Ordinaries||5,388.60||5,344.60||-0.8%|
|S&P 500 (USA)||2,058.90||2,043.94||-0.7%|
|CAC 40 (France)||4,272.75||4,637.06||8.5%|
|Nikkei 225 (Japan)||17,450.77||19,033.71||9.1%|
|Shanghai Composite (China)||3,234.68||3,546.13||9.6%|
In one month plus into 2016, all stock indices turned negative! See table below for the latest numbers as at 12 February 2016. (Note: China market was closed for the week due to the Chinese New Year holidays.)
|Hang Seng (HK)||23,605.04||18,319.58||-22.4%|
|Shanghai Composite (China)||3,234.68||2,763.49||-14.6%|
|Nikkei 225 (Japan)||17,450.77||14,952.61||-14.3%|
|Australia All Ordinaries||5,388.60||4,816.60||-10.6%|
|Dow Jones (USA)||17,823.07||15,973.84||-10.4%|
|S&P 500 (USA)||2,058.90||1,864.78||-9.4%|
|CAC 40 (France)||4,272.75||3,995.06||-6.5%|
The Straits Times Index (STI) holds the dubious honour of being the worst performing stock index followed by Hang Seng Index. How bad can this get moving on? The China stock market had not traded in the past week. Will it cause another round of markets going south when Monday comes? No one can stop this loss of confidence in the stock markets right now.
Copyright © 2016, limkimtong for Living Investment
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