Argentina, Brazil Lead Performing Global Markets in 2016 as Madrid Exchange Leads Otherwise


Monday, December 19, 2016 3:10 PM /Proshare Markets

Global markets recorded positive sentiments in some exchanges in 2016 as available data shows that majority of the markets trade in the green zone.

A quick look at the performance of stock markets around the globe reveals that the Argentine Stock Market leads with +41.87% YTD gain as the Brazilian and Russian markets follow closely with +34.69% and +26.69% gains respectively while the Hong Kong  market records the least gain of +2.62%.

However, the Madrid General Index records the highest loss of -16.95% and closely followed by the Italian MIB Index and Sri Lanka markets with -11.11% and -9.24% in that order.

The Nigerian All-Share Index currently records -6.76% YTD performance as at 16th December, 2016.

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