After leading the BRIC countries (Brazil, Russia, India, China) in year-to-date performance by a wide margin a few months ago, China is now doing the worst. As shown below, Russia's stock market is now doing the best in '09 with a gain of nearly 100% (98.5%). India is up the second most at 77.5%, followed by Brazil at 62.4%, and finally China at 52.6%. And while the other three BRIC countries remain in nice uptrends, China looks quite the opposite.
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I thought demand in China was leading us out of this recession...
Posted by: Colin | September 30, 2009 at 04:45 PM
Hello,
the graph is from december 1, 2008
Posted by: Vladislav | October 01, 2009 at 03:22 AM
Do you have more graphs on this subject? Thx!
Posted by: Monica | October 01, 2009 at 03:42 AM
Vladislav,
The first data point for each country is 0% as of the last day of December 2008. That is why Dec-08 shows up on the chart.
Posted by: Justin | October 01, 2009 at 09:12 AM