I posted this chart a couple of days ago on my Facebook page which pretty much sums up the entire performance of global stock market in a quick snapshot for the 1H of the year.
You can see that with the exception of the Indonesia market which manages to edge out a small gain of 3+%, the rest of the market has been seeing a pretty rough year to date so far with most global markets falling by double digit percentage.
STI did reasonably decent as some of the bigger caps like the banks are holding up pretty well so far. For the rest of the industries, maybe not so much so.
What Is The Outlook for 2H2022?
With the first half already behind us, the next immediate question everyone will be focusing is what will happen in the second half of the year and how we should be positioning our portfolio....