Global stock markets evaporated $12 trillion in 2018
Jan 02, 2019| In the just-concluded 2018, Asian and European stock markets were all "blood-blooded".
In terms of European stocks, the European Stoxx 600 index, which measures the overall performance of European stock markets, fell 13.2% in 2018, the largest annual decline since 2008. The European Stoxx 50 Index, which measures European blue-chip stocks, fell 14.3% in 2018, the largest annual decline since 2011. The UK's FTSE 100 index fell 12.5% in 2018, the largest annual decline since 2008. The German DAX index fell 18% in 2018. The French CAC 40 index fell 10.95% in 2018.
MSCI (excluding Japan) Asia Pacific stock index performed poorly, with an annual decline of 16%, setting the worst annual performance since 2008 and the second worst record in history. Among the major stock indexes, only the Mumbai Sensitive 30 Index in India achieved an annual increase, which was nearly 6%. In addition, the Japanese stock market Nikkei 225 index fell 12%.
According to Bloomberg statistics, the market value of the major regions in the world has “evaporated” by nearly $12 trillion in the past year. Such a large market value shrinkage is the largest since the 2008 financial crisis. If the stock market in January 2018 has hit record highs or stage highs, the market value of global stock markets has evaporated to a greater value of 20 trillion US dollars.