Sign up to create alerts for Instruments,
Economic Events and content by followed authors
Free Sign Up Already have an account? Sign In
Quotes
All Instrument Types
- All Instrument Types
- Indices
- Equities
- ETFs
- Funds
- Commodities
- Currencies
- Crypto
- Bonds
- Certificates
Please try another search
Free Webinar - Webinar: Simplify Options Trading | Thursday, September 28, 2023 | 08:00PM EDT Enroll Now
World Markets Update: S&P 500 Rallies, Shanghai Composite Falls Further
www.investing.com/analysis/world-markets-update:-s-p-500-rallies,-shanghai-composite-falls-further-241182
World Markets Update: S&P 500 Rallies, Shanghai Composite Falls Further
By Doug Short | Feb 08, 2015 02:26AM ET Five of eight indexes on my world market watch list posted weekly gains, up from two the previous week. The average of the eight was only 0.33%. The S&P 500 was the weekly winner, up 3.03%, but not quite enough to lift it into the green for the year. China's Shanghai Composite finished at the bottom for the third straight week and posting -4.2% losses for the last two.
Here is a overlay of the eight for a sense of their comparative performance so far in 2015.
World Markets in 2015, as of February 6
2015 YTD
Above is a table of the 2015 data performance, sorted from high to low, along with the interim highs for the eight indexes. Five of the eight indexes are in the green, with the two Eurozone indexes up dramatically. The Hang Seng, BSE SENSEX and FTSE 100 are in a near dead heat for third place, with less than half the gains of their Eurozone peers. The three-week selloff in the Shanghai Composite puts it dead last, down 4.91%.
A Closer Look at the Last Four Weeks
The tables below provide a concise overview of performance comparisons over the past four weeks (through year's end) for these eight major indexes. I've also included the average for each week so that we can evaluate the performance of a specific index relative to the overall mean and better understand weekly volatility. The colors for each index name help us visualize the comparative performance over time.
World Markets, Past 4 Weeks
The chart below illustrates the comparative performance of World Markets since March 9, 2009. The start date is arbitrary: The S&P 500, CAC 40 and BSE SENSEX hit their lows on March 9th, the Nikkei 225 on March 10th, the DAX on March 6th, the FTSE on March 3rd, the Shanghai Composite on November 4, 2008, and the Hang Seng even earlier on October 27, 2008. However, by aligning on the same day and measuring the percent change, we get a better sense of the relative performance than if we align the lows.
Here is the same chart starting from the turn of 21st century. The relative over-performance of the emerging markets (Shanghai, Mumbai SENSEX and Hang Seng) up to their 2007 peaks is evident, and the SENSEX remains by far the top performer. The Shanghai, in contrast, formed a perfect Eiffel Tower from late 2006 to late 2009.
Check back next week for a new update.
Note from dshort: I track Germany's DAXK a price-only index, instead of the more familiar DAX index (which includes dividends), for consistency with the other indexes, which do not include dividends.
All the indexes are calculated in their local currencies.
Related Articles
4 Tech Stocks With Upside Potential and Dividend Yields Beating S&P...
By Ismael De La Cruz - Sep 27, 2023
1
While it isn't common knowledge, some tech stocks offer great dividend yields In fact, they far exceed the S&P 500's 1.3% yield Using insights from InvestingPro, let's delve...
Top 5 Stocks to Own as Treasury Yields Surge to 16-Year Highs
By Jesse Cohen - Sep 27, 2023
8
U.S. 10-year Treasury yields have climbed to 16-year highs as investors digest the Federal Reserve's higher-for-longer rate mantra. As such, I used the InvestingPro stock screener...
S&P 500, Nasdaq to Test 200-Day MA; Russell 2000 Breaks Below it: What...
By Declan Fallon - Sep 27, 2023
Yesterday was a slam dunk day for the bears as whatever support, such as the retention of 4,325 in the S&P 500, was sliced apart. We are now looking at measured move targets for...
World Markets Update: S&P 500 Rallies, Shanghai Composite Falls Further
Add Chart to Comment
Confirm Block
Are you sure you want to block %USER_NAME%?
By doing so, you and %USER_NAME% will not be able to see any of each other's Investing.com's posts.
%USER_NAME% was successfully added to your Block List
Since you’ve just unblocked this person, you must wait 48 hours before renewing the block.
Report this comment
I feel that this comment is:
Comment flagged
Thank You!
Your report has been sent to our moderators for review
Add a Comment
We encourage you to use comments to engage with other users, share your perspective and ask questions of authors and each other. However, in order to maintain the high level of discourse we’ve all come to value and expect, please keep the following criteria in mind:
Enrich the conversation, don’t trash it.
Stay focused and on track. Only post material that’s relevant to the topic being discussed.
Be respectful. Even negative opinions can be framed positively and diplomatically. Avoid profanity, slander or personal attacks directed at an author or another user. Racism, sexism and other forms of discrimination will not be tolerated.
Perpetrators of spam or abuse will be deleted from the site and prohibited from future registration at Investing.com’s discretion.