How U.S. Investors Did Abroad
U.S. investors in world equities had a banner year in some countries--and lost their shirts in others. Below, the world’s broader national stock market indexes ranked by their 1995 returns in U.S. dollar terms, which adjusts each index for changes in the currency exchange rates. (Some of these indexes, along with different or specialized ones, are listed on D2.)
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Country % change % change in U.S. dollars Switzerland +25.5 +42.2 Sweden (OMX) +19.0 +33.0 Spain +17.6 +27.2 Costa Rica +26.1 +26.1 Netherlands (CBS) +15.7 +25.0 Belgium +15.4 +24.4 Ireland +20.0 +24.0 Hong Kong (Hang Sen) +23.0 +23.1 Britan (FTSE-100) +20.3 +19.1 Norway (OBX Total) +12.0 +19.0 Germany (DAX) +7.0 +15.3 New Zealand (Top 40) +12.3 +15.0 Canada (TSE 300) +11.9 +14.9 Denmark +5.0 +14.2 Argentina (Merval) +12.7 +12.4 Australia (All Ordinaries) +15.1 +10.3 Israel (General) +15.1 +9.6 France (CAC 40) -0.5 +8.2 Greece (ASE) +5.2 +6.3 Indonesia +9.4 +5.2 Chile (General) +5.8 +4.7 Singapore (Straits Times) +1.2 +4.3 Panama (General) +3.1 +3.1 South Africa (All Market) +6.2 +3.0 Malaysia (Composite) +2.5 +3.0 Portugal (Lisbon BVL) -4.6 +1.2 Finland -7.3 +0.7 Poland (Warsaw) +1.5 -0.5 Italy (MIB 30) -4.2 -2.1 Austria (Vienna) -9.8 -2.8 Japan (Nikkei 225) +0.7 -3.0 Thailand -5.8 -6.2 Turkey (Composite) +47.0 -6.2 Venezuela (General) +49.7 -12.2 South Korea -14.1 -12.2 Philippines -6.9 -12.8 Brazil (Bovespa) -1.3 -14.0 Hungary (BTI) +4.0 -17.5 Peru (General) -12.1 -17.6 India -29.3 -20.9 China (Shanghai B) -22.1 -22.1 Mexico (Bolsa) +16.9 -22.9 Czech Rep. (SE 50) -20.0 -24.0 Colombia (Bolsa) -15.0 -28.5 Taiwan -27.5 -30.1 Russia (ASP General) -9.3 -30.7 Pakistan -27.1 -34.4 Sri Lanka (All Share) -32.7 -37.6
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