Global Market Performance Review

Below we provide the performance of major indices for 21 countries from their 52-week highs to their most recent lows, along with their performance from their recent lows to their current levels. This analysis highlights which countries took the biggest hits on the downside and which have seen the biggest bounces on the upside.

As shown, the two countries that declined the most from their 52-week highs have barely bounced back at all. Sweden went down 33.79% from peak to trough, and it is only up 6.82% from its low. Hong Kong went down 32% and has bounced back 5.58%. Russia, South Africa, Mexico and Brazil have registered the biggest gains off of their lows. And the U.S. has held up relatively well throughout the declines. From peak to trough, the S&P 500 was down 19.42%, and from trough to now, the index is up 6.82%. This is mostly due to the fact that U.S. markets were closed on MLK day when foreign markets declined sharply on the Kerviel unwind.

We have also provided the ETFs that track these countries in the table below.

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