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Indonesian market has given the biggest return to investors
Posted: Thursday , Feb 25, 2010 at 1224 hrs
The Indonesian market has given the biggest return to investors, as Jakarta Composite Index registered a jump of 264.1 per cent to 2,510 at the end of December 2009, the Economic Survey tabled today in the Parliament stated.
Boosted by a strong recovery in 2009, Indian stock market emerged as the second best performer among global peers in the past six years with a return of 199 per cent for investors, the Economic Survey said on Thursday.
For the six-year period ending December 2009, the Indian stock market benchmark Sensex posted a positive return of 199.1 per cent with the index at 17,465 points.
The Japanese market was the only one to have recorded negative returns in the period under review.
The third best six-year return of 116.9 per cent was given by China, followed by 104.4 per cent in South Korea and 74.2 per cent in Hong Kong, the Survey said.
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As per the Survey, this time Indian stock market has posted better returns compared to the 65.2 per cent returns for 5-year period ending 2008. At the end of 2007, Indian markets gave a record high return of 247.4 per cent over 2003-end level, it was lower than 296.8 per cent return in Indonesia.
"During 2009, the Asian stock markets were on recovery path. The cumulative change in global indices in end December 2009 over the end December 2003 level revealed a significant rise in these indices across countries," the pre-budget Survey of 2009-10 showed.
Posted: Thursday , Feb 25, 2010 at 1224 hrs
The Indonesian market has given the biggest return to investors, as Jakarta Composite Index registered a jump of 264.1 per cent to 2,510 at the end of December 2009, the Economic Survey tabled today in the Parliament stated.
Boosted by a strong recovery in 2009, Indian stock market emerged as the second best performer among global peers in the past six years with a return of 199 per cent for investors, the Economic Survey said on Thursday.
For the six-year period ending December 2009, the Indian stock market benchmark Sensex posted a positive return of 199.1 per cent with the index at 17,465 points.
The Japanese market was the only one to have recorded negative returns in the period under review.
The third best six-year return of 116.9 per cent was given by China, followed by 104.4 per cent in South Korea and 74.2 per cent in Hong Kong, the Survey said.
Ads by Google
As per the Survey, this time Indian stock market has posted better returns compared to the 65.2 per cent returns for 5-year period ending 2008. At the end of 2007, Indian markets gave a record high return of 247.4 per cent over 2003-end level, it was lower than 296.8 per cent return in Indonesia.
"During 2009, the Asian stock markets were on recovery path. The cumulative change in global indices in end December 2009 over the end December 2003 level revealed a significant rise in these indices across countries," the pre-budget Survey of 2009-10 showed.