Best Performing Stock Markets
Do you know which is the best performing stock market in 2023 so far? The answer is likely going to be a surprise to many: Argentina.
Argentina’s stock market returned 17% in YTD 2023, followed by Mexico’s 16% return, and in 3rd place, Ireland’s 15% return.
How about the worst performing stock markets in YTD 2023?
That “honor” goes to Egypt, whose stock market is currently down -17%, followed by Pakistan at -11% and South Africa at -9% rounding up the bottom 3 candidates.
Within the Asia region, Taiwan has the best performance, with the country’s stock market up close to 9% thus far. Singapore’s stock market is currently flat in 2023.
On a longer horizon basis (10 years), the best performing stock markets are 1) the USA, 2) Argentina, and 3) the Netherlands.
The table below shows the stock market performance of the various countries....