Thursday, October 09, 2008

World Markets Hit by Crisis

A very good comparison of how markets throughout the world are faring during the financial crisis can be found here. The Americas are the hardest hit, with Europe also suffering greatly. Although China and Japan are seeing notable declines, stocks in Hong Kong have actually been increasing substantially.

Hardest hit is the Russian MICEX, which has lost over 61 percent in the past year and 40 percent in the past month. Markets in Scandinavia and Belgium are also suffering, having lost more than 50 percent in the past year and around 25 percent in the past month. The Peruvian Lima General Index has also lost 57 percent on the year.

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