The global equity markets were in bull run until end of December 2007. The year 2008 was see as a black year for the stock markets around the world as it gave a negative returns of almost 40% (on the negative side).
At its peak in October 2007, global equity, or the market capitalisation of all companies in world stock markets, stood at $62.5 trillion, close to that year’s world GDP figure of $65 trillion.
Then all thanks to US Sub prime crisis all market caps went down.
A jaw-dropping $37 trillion of wealth in the form of market cap was wiped out in 18 months up to the multi-year lows that were reached on March 9, 2009. That was 59 per cent of public company values, or $25.5 trillion.
Since then, however, equity values have risen 37 per cent – a wealth-growth of $9.5 trillion – to just over $37 trillion. [Source]
Almost all markets fell in 2008. According to a report by EconomyWatch, 62 markets out of the 83 studied are now up.
Here is the list of some of the best performing stock markets in the world :
| Rank | Country | 2009 Growth | Decline |
| 1 | Peru | 72.92% | -31.94% |
| 2 | Russia | 53.33% | -61.22% |
| 3 | India | 48.25% | -18.26% |
| 4 | China | 47.01% | -26.30% |
| 5 | Taiwan | 44.96% | -28.51% |
| 6 | Ukrain | 44.30% | -55.38% |
| 7 | Argentina | 43.24% | -31.47% |
| 8 | Indonesia | 39.15% | -25.05% |
| 9 | Israil | 39.04% | -24.96 |
| 10 | Brazil | 37.32% | -30.18% |
* Here Decline indicates Decline from 52-week high.
All the BRIC Nations have found a place in the list of top performing global stock markets.
India is a leading economy accross the world.. The recession has not been able to stop us due to the strong backbone.
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