Stock Markets Down 33% In 2008

| January 1, 2009 | 0 Comments

Investors saw a third wiped off the value of their shares in 2008 in the USA, Europe and the UK and two thirds in China

  • UK FTSE 100 – down 31%
  • USA Dow Jones – down 34%
  • France CAC 40 – down 43%
  • Germany DAX – down 40%
  • Japan Nikkei – down 42% 
  • China Shanghai  SSE 180 – down 65% 

Have we hit the bottom? Probably not.  But I think the markets will be higher by Jan 1, 2010.  The billions pumped in by national governments should be having some considerable effect by then.  

References

http://news.bbc.co.uk/2/hi/business/7805644.stm

http://uk.reuters.com/article/eurMktRpt/idUKLV62946620081231

http://finance.google.com/finance?q=SHA:000010

http://finance.google.com/finance?q=DAX

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Category: Investment

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