2017 was an exceptional year for the stock markets. When compared with 2017, 2016 stock markets were a yawn.
Every single market I tracked went up including the Shanghai Composite Index. The indices were shown in the table below.
|Hang Seng (HK)||22,000.56||29,919.15||36.0%|
|Dow Jones (USA)||19,762.60||24,719.22||25.1%|
|S&P 500 (USA)||2,238.83||2,673.61||19.4%|
|Nikkei 225 (Japan)||19,114.37||22,764.94||19.1%|
|CAC 40 (France)||4,862.31||5,312.56||9.3%|
|Australia All Ordinaries||5,719.10||6,171.00||7.9%|
The Straits Times Index (STI) was up 18.1% and it was in the middle in terms of performances compared with the rest.
The Dow Jones Industrial Index continued to power ahead rising 25.1% in 2017 even after climbing 13.4% in 2016.
Nasdaq rose 28.2% riding on the technology boom in 2017. iPhone released iPhone 8 and iPhone X in 2017.
To sum it up, it was an incredible year for the stock markets in 2017.
Copyright © 2017, limkimtong for Living Investment
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