Country Stock Market Performance This Week and Year to Date

Global markets have staged a remarkable rally over the first four trading days of the week.  Below we highlight the performance of the major equity market indices for 78 countries around the world both year to date and this week.  As shown, Sweden is up the most this week with a gain of 5.68%, followed closely by Spain (5.58%), Finland (5.48%), and Italy (5.39%).  France and Norway are the other two countries that are up more than 5% this week.  The US ranks 12th in terms of performance this week with a gain of 3.99%.  All seven G7 countries have done relatively well over the last four days.  Japan is up the least of the G7 countries with a gain of 1.42%.  Of the BRIC countries, India has done the best this week with a gain of 3.32%.  China has done the worst with a gain of just 0.58%.  Twenty-six of the 78 countries are down this week, with Estonia leading the way at -3.86%.  Nigeria, the UAE, Bahrain and Oman are all down more the 1%.   

Looking at year-to-date performance, Bangladesh is down the most with a decline of 26.21%, followed by Peru at -19.20%.  Other countries that have really struggled so far in 2011 include Finland, Oman, Malta, Kuwait, Kenya, Vietnam and Brazil.  With so much attention being paid to the problems in Greece, you would think that its stock market would be getting absolutely crushed this year, but it's currently down just 9.54%.  This obviously isn't a positive number, but it's at least better than ten other countries on the list.

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