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 :
* 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.