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Six other countries along with Sri Lanka gained more than 50% in 2010 -- Bangladesh (82.79%), Estonia (72.62%), Ukraine (70.20%), Peru (64.99%), Lithuania (56.49%), and Argentina (51.83%).
Looking at just the G-7 countries, Germany did the best at 16.06%, followed by Canada (14.45%), the US (12.78%), and the UK (9%). The three other G-7 countries -- France, Japan, and Italy -- all declined last year.
Of the BRICs, Russia gained the most at 22.70%, followed by India (17.43%), Brazil (1.04%), and China (-14.31%). While some are calling for developed markets to start outperforming emerging markets in 2011, the results below show that trend beginning to unfold in 2010.
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• Colombo Stock Exchange Becomes Best Performing Capital Market in the World Recording 111.14pct Growth
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