06 January 2011

Sri Lanka Tops Returns for Equity Markets around the World in 2010

3rd January 2011, www.themarketfinancial.com

Below we highlight the 2010 returns (in local currencies) for equity markets around the world. As shown, the average country saw its major equity market index gain 15.33% in 2010. Sri Lanka's stock market gained the most at 96.01%, while Bermuda declined the most at -44.87%.

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.

Related Info :

Colombo Stock Exchange Becomes Best Performing Capital Market in the World Recording 111.14pct Growth

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