Stock Markets declined in First Quarter 2018

After a spectacular 2017, stock indices suffered the jitter in the first quarter ended 30 March 2018. The change in stock indices ranged from negative 8% to positive 2.3%. See table.

Stock Indices Change in 2017 30-Mar-18 1st Qtr Change 2018
FTSE100 (UK) 7.6% 7,075.15 -8.0%
Kospi (Korea) 30.6% 2,445.85 -7.6%
Nikkei 225 (Japan) 19.1% 21,159.08 -7.1%
Germany DAX 12.5% 12,096.73 -6.4%
Australia All Ordinaries 7.9% 5,868.90 -4.9%
Shanghai Composite 6.6% 3,160.53 -4.4%
Dow Jones (USA) 25.1% 23,848.42 -3.5%
Mumbai BSESN 27.9% 32,968.68 -3.2%
CAC 40 (France) 9.3% 5,167.30 -2.7%
S&P 500 (USA) 19.4% 2,605.00 -2.6%
Hang Seng (HK) 36.0% 30,093.38 0.6%
STI (Singapore) 18.1% 3,427.97 0.7%
Taiwan Weighted 15.0% 10,845.92 1.9%
Nasdaq (USA) 28.2% 7,063.44 2.3%

Only Hang Seng, STI, Taiwan Weighted and Nasdaq managed a positive momentum. The rest of the stock indices were negative. The Straits Times Index (STI) moved up marginally by 0.7% for the quarter.

Shanghai Composite was down 4.4% in the first quarter nearly wiping out the 6.6% made in 2017. Dow Jones was down 3.5% on account that President Trump pushed USA’s interest in the trade imbalance with China. The rest of the world did not escape the threat of trade war between USA and China. Their stock markets suffered too.

Copyright © 2018, limkimtong for Living Investment

The material presented is intended to be general and written in layman’s language as much as it is possible. The author shall not be liable for any direct or consequential loss arising from any use of material written. Please seek professional advice from your financial advisor or financial institutions on material written covering financial matters.

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