Stock markets’ returns?
A friend sent me a Chinese New Year greeting with a message asking me if I could look at the returns of the stock markets over the last 10 years.
After reading the above – I read “STI gives punters something to crow about” (Straits Times, Jan 28).
It states that “Local shares ended the Year of the Monkey on a positive note, partly due to Wall Street holding above the 20,000 mark overnight.
The Straits Times Index closed up 0.43 per cent or 13.07 points to 3,064.85 in half-day trading ahead of the Chinese New Year holiday and ended the week up by an impressive 1.79 per cent.”
10 years’ stock market returns (estimated by computing data from googling)?
So, here’s what I have been able to find and compute – returns (estimated) of the following selected stock markets over the last 10 years or so:-
STI (Singapore) -3%
S&P 500 (USA) 60%
KLSE (Malaysia) 40%
FTSE 100 (U.K.) 15%
HKSE (Hong Kong) 15%
Nikkei 225 (Japan) 12%
Leong Sze Hian