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.
The tables below show the world’s best & worst performing stock market in 2009 during the period of 30th December 2008 until 21st December 2009.
World’s Best Performing Stock Market
| No | Country | Stock Market Index | % Change |
|---|---|---|---|
| 1 |
Brazil
|
Brazil Bovespa Stock Index
|
132 |
| 2 |
Russia
|
Russian RTS Index
|
125 |
| 3 |
Peru
|
Peru Lima General Index
|
116 |
| 4 |
Indonesia
|
Jakarta Composite Index
|
114 |
| 5 |
Russia
|
Micex Index
|
113 |
| 6 |
Sri Lanka
|
Sri Lanka Colombo All Share Index
|
113 |
| 7 |
Norway
|
OBX Stock Index
|
101 |
| 8 |
Ukraine
|
PFTS Index
|
94 |
| 9 |
Turkey
|
ISE National 100 Index
|
90 |
| 10 |
Chile
|
Chile Stock Market Select
|
87 |
World’s Worst Performing Stock Market
| No | Country | Stock Market Index | % Change |
|---|---|---|---|
| 1 |
Ghana
|
Ghana Stock Exchange All Share Index
|
-49 |
| 2 |
Nigeria
|
Nigeria Stock Exchange All Share Index
|
-38 |
| 3 |
Bahrain
|
BHSE All Share Index
|
-20 |
| 4 |
Slovakia
|
Slovak Share Index
|
-17 |
| 5 |
Ecuador
|
Guayaquil Stock Exchange Index
|
-16 |
| 6 |
Kuwait
|
Kuwait SE Price Index
|
-13 |
| 7 |
Jamaica
|
JSE Market Index
|
-8.2 |
| 8 |
Jordan
|
Amman SE General Index
|
-7.8 |
| 9 |
Kenya
|
Nairobi AS
|
-4.4 |
| 10 |
Morocco
|
MASI Free Float Index
|
-3 |
The next table show Asia Pacific best performing stock market within the same period.
Asia Pacific Best Performing Stock Market
| No | Country | Stock Market Index | % Change |
|---|---|---|---|
| 1 |
Indonesia
|
Jakarta Composite Index
|
114 |
| 2 |
Sri Lanka
|
Sri Lanka Colombo All Share Index
|
113 |
| 3 |
Taiwan
|
Taiwan TAIEX Index
|
72 |
| 4 |
China
|
Shanghai SE Composite Index
|
70 |
| 5 |
Thailand
|
Stock Exchange of Thailand Index
|
66 |
| 6 |
Philippine
|
Philippe SE Index
|
64 |
| 7 |
Singapore
|
Straits Times Index
|
61 |
| 8 |
South Korea
|
Kospi Index
|
56 |
| 9 |
Hong Kong
|
Hang Seng Index
|
47 |
| 10 |
New Zealand
|
NZX 50 Index
|
44 |
But where is Bursa Malaysia? It was not in the World’s top 10 best neither Asia pacific top 10 best. Bursa Malaysia only manage to gain mere 42.4% during the same period. It isn’t an excellent figure when compare with other market but it isn’t bad either as it still manage to be in positive territorry.
What do you think about Bursa Malaysia? What do you expect next year?
Looking the way Bursa performed in 2010. It is neither good or bad. If Bursa were to be generous in paying out good dividends and slashing the exorbitant trading fees , then I am very sure that , it can perform much better . The problem lies in the heavy fee charged which has eaten into their pockets compared with those days where small amount were paid for the trading of stocks. Those heydays were gone unless and until the Bursa were brave enough to admit their mistakes done and to rectify it the sooner the better.