The Dow Jones Industrial Average (+13.4%), Russia’s RTS (+27%, or 52% in dollar terms), Argentina’s Merval index (+45%), Brazil’s Bovespa index (+39%), the Canadian TSX Composite index (+17.5%) Norway’s All-Share index (+18%), Indonesia’s stock market (+15%) and London’s benchmark FTSE 100 (+14.4%) were the best performing stock markets of 2016, according to CNN Money.
Following the “Trump bump,” the Dow Jones soared to near the yet-to-be-reachd 20,000 point level. The FTSE 100 defied expectations and hit an all-time high in 2016 following the Brexit vote.
CNN Money pronounced Italy and China’s stock markets as by far the biggest losers of 2016. Italy’s main index, the FTSE MIB, fell by 10% and China’s benchmark Shanghai Composite closed 2016 down 12% following huge losses early in the year.