About a year ago, the global stock markets went through some kind off seizure. The indices were tumbling horribly.
Since the start of 2017, the stock indices jumped double digits from the lows of 2016. See table for comparison from 12 February 2016 against 9 March 2017.
|Dow Jones (USA)||15,973.84||20,858.19||30.6%|
|Nikkei 225 (Japan)||14,952.61||19,318.58||29.2%|
|Hang Seng (HK)||18,319.58||23,501.56||28.3%|
|S&P 500 (USA)||1,864.78||2,364.87||26.8%|
|CAC 40 (France)||3,995.06||4,960.48||24.2%|
|Australia All Ordinaries||4,816.60||5,780.50||20.0%|
The Straits Times Index (STI) jumped 22.8%.
The table below shows the year-to-date change from end of 2016 to now.
|Hang Seng (HK)||22,000.56||23,501.56||6.8%|
|S&P 500 (USA)||2,238.83||2,364.87||5.6%|
|Dow Jones (USA)||19,762.60||20,858.19||5.5%|
|CAC 40 (France)||4,862.31||4,960.48||2.0%|
|Australia All Ordinaries||5,719.10||5,780.50||1.1%|
|Nikkei 225 (Japan)||19,114.37||19,318.58||1.1%|
STI was up 8.3%.
The global stock indices were all positive from the start of this year. The global investors are now positive with the global economies driven mainly by the US economy. China economy and its stock market have stabilised. Oil prices had improved since the later part of last year. This was not the case at the start of last year.
Copyright © 2017, limkimtong for Living Investment
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