Rabbit Year started with higher stock indices

After a rough year for equities in the Year of Tiger, Year of Rabbit brought cheers to stock markets.

Stock indices at the end of 27 January 2023 are shown in the table below.

Stock Indices 30-Dec-22 27-Jan-23 Change (%)
Hang Seng (HK) 19,781.41 22,688.90 14.7%
Nasdaq (USA) 10,466.48 11,621.71 11.0%
CAC 40 (France) 6,473.76 7,097.21 9.6%
Germany DAX 13,923.59 15,150.03 8.8%
Australia All Ordinaries 7,221.70 7,709.50 6.8%
S&P 500 (USA) 3,839.50 4,070.56 6.0%
Shanghai Composite 3,089.26 3,264.81 5.7%
Nikkei 225 (Japan) 26,094.50 27,382.56 4.9%
STI (Singapore) 3,251.32 3,394.21 4.4%
UK FTSE 100 7,451.74 7,765.15 4.2%
Dow Jones (USA) 33,147.25 33,978.08 2.5%
Mumbai BSESN 60,840.74 59,330.90 -2.5%

Hang Seng Index jumped 14.7% in just one month followed by Nasdaq (+11.0%).

The Straits Times Index (STI) moved up 4.4%.

Copyright © 2023, 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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