Dear readers, how time flies! We are now in the middle of October for Year 2021. Year-to-date, yes the stock markets have not crashed and the stock markets worldwide are generally still doing alright, despite there are some weeks or months year-to-date that have been bearish. But this is really normal in the scheme of things.
Based on the Straits Times Index (STI), the benchmark of Singapore’s stock market, the Singapore stocks markets have done not too bad: the year-to-date gain of STI is 11.6%. However, there are five stock markets which you might have wanted to invest early this year since each of them delivered better returns than STI.
First up: India. India’s Nifty gave investors a 31.2% capital gain year-to-date.
Second: Russia. Russia’s MICEX is 29.3% higher year-to-date.
Third, Vietnam. The VNINDEX delivered a 26.2% return on investors’ capital.
Fourth, an index that is well-known to investors here. US S&P 500. The S&P 500 gave 18.2% capital gain year-to-date.
Last but not least, Eurozone’s Stoxx 50, which is up 17.3% year-to-date.
At 11.6% capital gain, not too bad for Singapore’s stock markets. On the other end, Hong Kong’s HSI has gone down 7% year-to-date.
That’s it for my insights today. I Thank you once again for your support of SG STOCKS INVESTING, your Money and Lifestyle magazine! Connect with me here to follow the daily exciting and useful posts on these two blogs, Thank You for your support!
BINGE READ ALL POSTS!
Visit Home Page for more reads or Connect here!