Monday, 1 August 2005

Stock markets gain in July

Stock markets around the world did well in July.

 30 June
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29 July
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Percent
change
S&P 5001,191.331,234.183.6
Nikkei 22511,584.0111,899.602.7
FTSE 1005,113.205,282.303.3
DAX4,586.284,886.506.5
CAC 404,229.354,451.745.3
Hang Seng14,201.0614,880.984.8
Straits Times2,212.662,352.564.8
KOSPI1,008.161,111.2910.2

The S&P 500's gain is the best July gain since 1997, which incidentally was also a post-election year. Not that any of this necessarily means anything with regards to the likely future direction of the market.

I look at last month's performance by the Singapore stock market from both the economic as well as the long-term historical perspective in "Stocks fly in July".

1 comment:

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