Skip to main content

Sri Lanka tops Asian stock markets’ 2009 performance


Sri Lankan shares ended 2009 with a stellar 125 percent rally, the market’s best performance in more than a decade and far ahead of other strong performers such as Indonesia, Indiaand China.

The recovery in stock markets after last year’s crisis-driven plunges saw Indiaand Indonesia post their biggest annual gains in a decade, driven in part by foreign money seeking Asia’s relatively stronger balance-sheets, higher yields and growth potential.

The MSCI index of Asia Pacific stocks traded outside Japan .MIAPJ0000PUS has risen nearly 70 percent in 2009, its best performance since 1993 and far outpacing expected gains of just over 20 percent in U.S. and European equities.

Following are Asian stock markets’ moves over full year 2009. Data as of 0730 GMT, Thursday.



MARKET                               Index level   % gain
 Sri Lanka (Colombo All-share)  .CSE   3385.55       125.3
 Indonesia (JSX)               .JKSE   2534.36        87
 India (Sensex)               .BSESN  17478.78        81.2
 China (Shanghai Composite)    .SSEC   3277.14        80
 Taiwan (Taiex)                .TWII   8188.11        78.3
 Singapore (FT Straits Times) .FTSTI   2897.62        64.5
 Thailand (SET)                .SETI    734.54        63.3
 Philippines (PHS Composite)    .PSI   3052.68        63.0
 Pakistan (Karachi 100)         .KSE   9475.24        61.7
 Vietnam (Ho Chi Minh)          .VNI    494.77        56.8
 Hong Kong (Hang Seng)          .HSI  21872.5         52.0
 South Korea (KOSPI)           .KS11   1682.77        49.7
 Malaysia (KLSE Composite)             1269.89        44.8
 Australia (S&P/ASX 200)               4870.64        30.9
 Tokyo (Nikkei average)        .N225  10546.44        19.0
 New Zealand (NZX 50)          .NZ50   3230.15        18.9







Reuters
Labels:

Comments

Post a Comment

Popular posts from this blog

STUDENTS SURROUND ADMINISTRATIVE BUILDING AT J’PURA

A tense situation has broken out at the Jayawardenapura University after a group of students surrounded an administrative building. The students have reportedly surrounded Vice Chancellor N.L.A. Karunaratna ’ s office building following an announcement that he will not be issuing Mahapola scholarships.
Post a Comment
Read more

Ukrainians injured as police dismantle Kiev 'tent city'

At least 10 demonstrators have been injured in clashes with Ukrainian police and another 100 detained in the capital Kiev after authorities began dismantling a makeshift "tent city" protesting against corruption. The tent city was set up in October by supporters of Mikheil Saakashvili, a former president of Georgia who has become an opposition politician in Ukraine. Saakashvili, a critic of corruption in Ukraine, was deported to Poland in February. He said he was "kidnapped" by Ukrainian authorities and removed from the country against his will. Andriy Kryshchneko, police chief of police, said at the camp on Saturday that "two court decisions" allowed authorities to search and dismantle the camp. Police said that explosives and other weapons were found at the scene
Post a Comment
Read more

VIDEO: FONSEKA FOUND GUILTY; SENTENCED TO 3 YEARS

Sarath Fonseka was found guilty by a divided decision in the case regarding the ‘White Flag’ statement and sentenced to 3 years in prison by the Colombo High Court today (November 18). The verdict divided 2:1 was given by the High Court bench, headed by Judge Deepali Wijesundara and comprising Judges DMPD Waraweva and Zulfiqar Razin. Justice Waraweva giving his judgment deliberated that Fonseka was not guilty on all three charges while Justice Wijesundara and Rashim found Fonseka guilty of the first charge, of inciting violence through his statement, and found him not guilty on the second and third charges. Sarath Fonseka, who is currently serving a 30-month jail term imposed by a court martial, was sentenced to three years in prison and fined Rs.5,000. The former Army Commander was accused of inciting violence by, in an interview given to the Sunday Leader, alleging that Defence Secretary Gotabaya Rajapaksa gave an illegal order not to accommodate any LTTE cadres attempting to...
Post a Comment
Read more