Year to Date Stock Market Performance By Country

Below we highlight the year to date performance of major equity indices for 84 countries.  We also include each country's current trailing 12-month P/E ratio along with where it stood at the start of the year.  As shown, Iceland is down the most at -89.66%, followed by Ukraine (-76%), Bulgaria (-74%), Romania (-66%), Russia (-65%), and China (-65%).  Brazil is down 40% year to date and India is down 48%.  Clearly, 2008 can't end quick enough for the BRIC countries.  Just 3 of the 84 countries are up for the year.  Ecuador is up 5.8%, Tunisia is up 17%, and Ghana is up 61%.  And with a decline of 36% year to date, the US is the 33rd best performing country out of the 84 analyzed.

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