We are now approaching to the end of year 2009. How do the stock market around the world performed? And how do our local stock market, Bursa Malaysia performed?
The real winner for year 2009 is Brazil Stock Market. It has taken off off like a rocket. It was the world’s best performing stock market. Brazil Bovespa Stock Index surged 132.2% during the period of 30th December 2008 to 21st December 2009.
Brazil is the fastest growing in Latin America is blessed with abundant of natural resources. The other resouces rich countries such as Indonesia, Peru and Russia are also performing really well. It seem that many resources rich countries are performing really well in 2009.