Only China's stock markets have performed worse than London's after Brexit
Brexit has not been a success for British investors. In the ten years since the referendum, the London Stock Exchange's large-cap index has increased by a modest 67 percent. Among the leading global stock indices, only Shanghai and Hong Kong have performed worse during the period, shows Omni's review.
The American Nasdaq has performed best with a rise of 447 percent, followed by the South Korean Kospi and the Tokyo Stock Exchange's Nikkei index, both of which have surged by around 350 percent.
London is also feeling the blow from the Stockholm Stock Exchange, which has risen around 130 percent since Brexit.
- Beneath the surface, the British stock market still bears the scars of a decision that has weighed on the confidence of both companies and investors, says Chris Smith at the investment company Jupiter to CNBC.
How the stock markets have performed since Brexit
- London (FTSE100): +66.7%
- Frankfurt (Dax): +149,3 %
- Paris (Cac 40): +91 %
- New York (S&P 500): +258,9 %
- New York (Nasdaq): +447,1 %
- Tokyo (Nikkei): +349,5 %
- Seoul (Kospi): +359,9 %
- Shanghai: +44,9 %
- Hong Kong: +15,6 %
- Stockholm (OMXSPI): +129,4 %
- Stockholm (OMXS30): +137,2 %
Source: Market Watch
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