When I wrote about the day after Brexit (25 June 2016), more than US$2 trillion were wiped off the value of stocks worldwide.
The global stock markets had forgotten about Brexit in the latest stock indices. All stock indices had jumped since 24 June 2016. The best performing stock indices are shown below. UK’s FTSE 100 jumped 12.6% ranking third in the list. Germany’s DAX and France’s CAC 40 were up too. Calm has prevailed for the time being until the actual Brexit occurs and people get a clearer picture of the impact of it.
|Stock Index||24-Jun-16||23-Sep-16||Change (%)|
|Hang Seng (HK)||20,259.13||23,686.48||16.9%|
|Nikkei 225 (Japan)||14,952.02||16,754.02||12.1%|
|CAC 40 (France)||4,106.73||4,488.69||9.3%|
|Australia All Ordinaries||5,192.80||5,518.60||6.3%|
|S&P 500 (USA)||2,037.41||2,164.69||6.2%|
|Dow Jones (USA)||17,400.75||18,261.45||4.9%|
How did the stock indices perform since the start of this year?
|Stock Index||31-Dec-15||23-Sep-16||Change (%)|
|Hang Seng (HK)||21,914.40||23,686.48||8.09%|
|S&P 500 (USA)||2,043.94||2,164.69||5.91%|
|Dow Jones (USA)||17,425.03||18,261.45||4.80%|
|Australia All Ordinaries||5,344.60||5,518.60||3.26%|
|CAC 40 (France)||4,637.06||4,488.69||-3.20%|
|Nikkei 225 (Japan)||19,033.71||16,754.02||-11.98%|
While so many stock markets were doing well, Singapore’s Straits Times Index (STI) was struggling to stay above water.
Copyright © 2016, limkimtong for Living Investment
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