Daily Global Commentary

Equity Prices of Major World Markets in Pictures – Update

Sun, Jul 20 2008, 20:38 GMT
by Asha Bangalore

Northern Trust


Equity Prices of Major World Markets in Pictures – Update

The global economy is struggling in various ways to confront the financial market crisis that has been underway for nearly one year. Inflation and commodity prices hikes, particularly oil, have entered the fray. Despite the variation in the impact across the globe, there is one common thread, equity prices are under severe stress. Equity prices in Russia and Brazil appeared to have danced to a different tune, but the tide has turned in recent weeks. Equity prices in major economies was the topic of discussion in March. Here is an update of the situation.

The S&P 500, as of this writing, July 18, 2008 (1257.91) is down 19.6% from the peak reading of 1565.15 on October 9, 2007.

The Eurofirst 300 Eurozone FTSE Share Price Index on July 17, 2008 (1277.0) was off 29.3% from the peak level of 1806.90 on June 1, 2007.

The Dow Jones China 88 Index has declined 53.3% on July 18, 2008 (247.61) from its peak on October 16, 2007 (530.54).

The Nikkei 225 has fallen 29.9% as of July 18 from the peak reading of 18261.98 on July 9, 2007.

The Bombay Sensex Index is down 34.4% as of July 18 (13635.40) from the peak of January 8, 2008 (20783.33).

Equity prices in Russia moved ahead to a new peak on May 19, 2008 (2487.92), up 5.5% from the previous peak (2359.85) on December 12, 2007. This index has traded down in recent weeks to 2223.48 on July 17, 2008.

The Bovespa of Brazil established a new peak on May 20, 2008 (73516.81), up 11.74% from the earlier peak (65790.81) on December 6, 2007. It closed at 60108.72 on July 17, 2008.

The Dow Jones Global Index excluding the U.S was down 20.6% as of July 17 (231.20) from the peak reading of 291.11 on October 31, 2007.

Archive

Northern Trust Corporation  | 50 S. LaSalle. Chicago, IL 60675
http://www.northerntrust.com/ | webmaster@ntrs.com

Legal disclaimer and risk disclosure

The information herein is based on sources which The Northern Trust Company believes to be reliable, but we cannot warrant its accuracy or completeness. Such information is subject to change and is not intended to influence your investment decisions.

Interested in forex trading? forex brokerage firms!


FOREX.com
Contact the broker/FDM
Open a demo account
Interbank FX, LLC
Contact the broker/FDM
Open a demo account
NordMarkets.com
Contact the broker/FDM
Open a demo account
Easy-Forex™ Trading Platform
Contact the broker/FDM
Crown Forex SA
Contact the broker/FDM
Open a demo account

FXstreet.com will give you a 3 months membership as soon as minimum rebates have been generated (€150 for private trader/ €300 for corporate trader)

[Read Premium full description]


Note: All information on this page is subject to change. The use of this website constitutes acceptance of our user agreement. Please read our privacy policy and legal disclaimer.

Opinions expressed at FXstreet.com are those of the individual authors and do not necessarily represent the opinion of FXstreet.com or its management.

Risk Disclosure: Trading foreign exchange on margin carries a high level of risk, and may not be suitable for all investors. The high degree of leverage can work against you as well as for you. Before deciding to invest in foreign exchange you should carefully consider your investment objectives, level of experience, and risk appetite. The possibility exists that you could sustain a loss of some or all of your initial investment and therefore you should not invest money that you cannot afford to lose. You should be aware of all the risks associated with foreign exchange trading, and seek advice from an independent financial advisor if you have any doubts.

©2008 "FXstreet.com. The Forex Market" All Rights Reserved.