It was a bullish month for most world equity markets, with net monthly changes ranging from +14.3% (Argentina), +7.8% (India), +7.3% (Australia), +5.4% (Brazil), +4.8% (USA), +3.3% (Germany), +2.9% (South Africa), -0.6% (Japan), -1.8% (China), to -2.8% (Russia).
It was a bullish year for most world equity markets, with net yearly changes ranging from +360.1% (Argentina), +27.6% (Japan), +22.3% (Brazil), +20.3% (Germany), +18.7% (India), +13.7% (USA), +11.6% (Russia), +8.4% (Australia), +4.6% (South Africa), to -3.7% (China).
Lets take our regular look at ten of the world equity markets.
USA - Dow
Germany – DAX
Japan – Nikkei
Brazil – Bovespa
Russia - RTSI
India – SENSEX
China – Shanghai comp'
South Africa – Dow
Argentina - MerVal
Australia – AORD
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Summary
Seven world equity markets were net higher for December, with three net lower. Argentina lead the way up, whilst Russia was rather powerfully lower.
Nine world equity markets were net higher for the year, with one net lower. Argentina managed a monstrous gain of +360.1%, whilst China was -3.7%.
The USA, German, Brazilian, Indian, and Argentinian markets broke new historic highs into year end.
Eight world equity markets are trading above their respective monthly 10MA, the two exceptions being China and Australia.
Eight world equity markets have positive monthly momentum, the two exceptions being China and South Africa.
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Looking ahead
It will be a short four day trading week, with Monday CLOSED for New Years Day.
Earnings:
M -
T -
W - UNF, CALM, SLP, RGP
T - WBA, LW, RPM, CAG, LNN, SMPL, RDUS, FC, KRUS
F - STZ, ANGO, GBX
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Econ-data/events:
M - *CLOSED*
T - PMI manu', construction
W - JOLTS, ISM manu', FOMC mins
T - ADP jobs, weekly jobs, S&P PMI serv'
F - Monthly jobs, ISM serv', factory orders
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Enjoy the holiday weekend
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*the next post on this page will likely appear 4.20pm EST on Tuesday, Jan'2nd 2024.
