Colombo Stock Exchange Returns 124pct upto Oct in 2010

25th November 2010, www.news360.lk

Colombo Stock Exchange has returned the best yield for stock investors out of all global stock exchanges up to October this year.

The CSE has brought in a yield of 124% for its investors during the period.

It was followed by stock markets such as Indonesia, Colombia, Philippines and Santiago which has provided returns of 53.5, 48.8, 46.8 and 46.1 percent, respectively.

Citing statistics of World Federation of Exchanges todayszaman.com said the Athens Stock Exchange has depreciated the most out of all stock exchanges between the period of January to October 2010, falling 42.4%.

Despite the high returns during the 1st 10 months of this year, the Colombo Stock Exchange, on the other hand, was down 4.6 percent in October and saw the largest drop.

The Tehran, Osaka, Tokyo and Luxembourg stock exchanges all fell in October — 3.5, 2.6, 2.2 and 1.6 percent, respectively.