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RANKED: Stock Market's Best Performers in Asia Pacific in 2018

RANKED: Stock Market's Best Performers in Asia Pacific in 2018

According to The Edge Markets, the best performer in the region was India’s Sensex which gained 6.02% over the year, followed by New Zealand’s NZX (up 4.92%), Jakarta Composite Index (down 2.54%) and Sri Lanka’s Colombo Stock Exchange All Share Index (down 4.97%).

Source: The Edge Markets
Source: The Edge Markets

The worst performing equity markets in the region were the Shanghai Composite Index, which fell 24.59% since the start of the year, South Korea’s Kospi (down 17.28%) and Laos Composite Index (down 16.22%).

Regional markets see-sawed throughout last year, no thanks to the US-China trade war, concerns over the US Federal Reserve’s tightening of monetary policy and China’s growth — the second largest economy in the world.

Worldwide crude oil prices also fell again towards the end of 2018, wiping out the gains made since the start of the year.

In summary, all Southeast Asian Stock Markets ranked are per details below:

Ranked 3: Jakarta Composite Index

Ranked 5: Malaysia FBM KLCI

Ranked 9: Vietnam Ho Chi Minch Stock Index

Ranked 10: Singapore STI

Ranked 11: Bangkok SET

Ranked 13: Philippines PSE

Ranked 15:  Laos Composite Index

Source: The Edge Markets


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