The best performer was Venezuela, while Ukraine saw the biggest losses. Canada wasn’t so hot either.
During the first half of 2012, 82 worldwide stock markets returned an average of 5.4%. About 71% of them had positive returns. The best performer was Venezuela, where $100 invested at the beginning of the year would be worth $228.50 by June 30. Pakistan was a distant second with a 25.8% return. If you wanted to make a small fortune by starting with a larger one, Ukraine and Sri Lanka markets saw losses of 31.8% and 16.9%, respectively. Here at home, the TSX composite lost 1.5% of its value, putting it in 62nd place out of 82 markets. The S&P 500 in the United States had a 9.5% positive return.
Blogs & Comment
Chart: Comparing global stock markets in 2012
The best performer was Venezuela, while Ukraine saw the biggest losses. Canada wasn’t so hot either.
By Phil Froats
During the first half of 2012, 82 worldwide stock markets returned an average of 5.4%. About 71% of them had positive returns. The best performer was Venezuela, where $100 invested at the beginning of the year would be worth $228.50 by June 30. Pakistan was a distant second with a 25.8% return. If you wanted to make a small fortune by starting with a larger one, Ukraine and Sri Lanka markets saw losses of 31.8% and 16.9%, respectively. Here at home, the TSX composite lost 1.5% of its value, putting it in 62nd place out of 82 markets. The S&P 500 in the United States had a 9.5% positive return.