Share

Stock exchanges, small is beautiful in Asia: Karachi, Bangkok, Jakarta and Kuala Lumpur beat the big names in the region

The last year has been a rewarding year for those who have invested in the financial markets of China, India, South Korea and Singapore. Those who bet on the leading indexes of Pakistan, Thailand, Indonesia and Malaysia fared better

Stock exchanges, small is beautiful in Asia: Karachi, Bangkok, Jakarta and Kuala Lumpur beat the big names in the region

Asia will also be an oversized continent from many points of view, from the surfaces of the countries that make it up to the populations that inhabit it, up to the wealth that has been accumulating there for some years now. But for those who want to invest in the region's stock exchanges, today it is more true than ever that small is beautiful. To realize this, it is sufficient to observe the trends of the indices most followed by European observers to see how those who invested a year ago in the most important and capitalized stock exchanges on the continent, from Tokyo to Shanghai, from Hong Kong to Mumbai, passing through Seoul and Singapore, today he's probably licking his wounds. Quite a different fate awaited those who decided to focus on more marginal markets. The KSE100, or the index of the 100 leading stocks of the Karachi Stock Exchange, closed a year ago below 10 points, while today, despite the slide of the last few days, it travels well above 11, making Pakistan's main stock exchange the most improbable of the queens of Asia. But the squares of Bangkok (Thailand) are also doing well, with the Set 50 Index going from 12 points to 585 in the last 761 months; of Jakarta (Indonesia) whose Lq 45 Index was also sailing below 600 points in August 2010, while today it is close to 700 points and of Kuala Lumpur (Malaysia) where the Ftse Bursa Malaysia Emas Index is today at 10.680 points , a big step up from 9.212 a year ago.

http://www.bloomberg.com/markets/stocks/world-indexes/asia-pacific/

comments