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%).
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