Monday, July 9, 2012

World's best-performing stock markets this year

A study of the world's 97 best-performing stock market indices reveals that two Indian markets ranked among the top 30 in the world. With a rise of 7.96% since the beginning of the year, the BSE Sensex index stood at No. 30, while the S&P CNX Nifty gained 9.28% to become the world's 19th best-performing stock index this year.

But here's where Pakistan has done better this year. The country's oldest stock exchange, the Karachi Stock Exchange (KSE) gained 15.30% since the beginning of the year, to become the world's 9th best-performing stock index. Click on next to see who rose among the top 10 stock market indices and how they've performance since the beginning of the year.
Here is a list of 10 of the world's biggest stock market indices and how they've performance since the beginning half of the year, till June 30. 

Rank 1. Venezuela IBC index (115.18% gain)
Rank 2.  Egypt EGX 30 index (29.99% gain)
Rank 3.  Philippines PSE Index (25.27% gain)
Rank 4.  Turkey ISE Index (22.00% gain)
Rank 5.  Vietnam Ho Chi Minh Stock Index (20.15% gain)
Rank 6.  Estonia OMX Tallinn Index (17.34% gain)
Rank 7.  Panama General Index (15.85% gain)
Rank 8.  Kenya NSE Index (15.57% gain)
Rank 10. Colombia IGBC Index (14.43% gain)

Venezuela had the biggest percentage gain while Cyprus had the biggest loss.
Unsurprisingly, European nations clutter the bottom the list.

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