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Wednesday, July 14, 2010

Colombo Stock Exchange Sri lanka - Best among the bests

Istanbul Stock Exchange ranks among best yielders

ISTANBUL - Anatolia News Agency

The Istanbul Stock Exchange, or ISE, is the 11th exchange to provide the most gains to its investors during the first half of the year.

The ISE-100 posted a 3.81 percent increase during the period.

As of June this year, the ISE National 100 index, which was at 52.825 points at the end of last year, reached 54.839, showed a 3.81 percent increase.

According to data from the World Federation of Exchanges, or WFE, the Colombo Stock Exchange, in Sri Lanka, was the top exchange in yield with 36.24 percent during the first sixth months of the year.

Iran’s Tehran Stock Exchange ranked second with a rise of 29.85 percent in its key index. The Copenhagen Stock Exchange in Denmark took third spot with 14.32 percent. Chile’s Santiago exchange and Iceland Stock Exchange followed with 13.33 percent and 12.91 percent, respectively.

During the first half of the year, the number of exchanges that reaped the most gain for investors has remained 13, while 43 exchanges experienced declines among 56 exchanges tracked all over the world.

In regards to exchanges experiencing the most loss, the Bermuda Stock Exchange ranked at the top with a decline of 40.47 percent. Greece’s Athens Stock Exchange, which is second in losses with a 34.69 percent decline, is followed by the exchange of Greek Cyprus with a fall of 33.20 percent. China’s Shanghai Stock Exchange has been the fourth biggest loser with a 26.82 percent contraction.

The ISE National 100 index is the 16th index that reaped the most gains for its investors during the one-month period. It posted a 0.8 percent increase in June.

During the last month, Sri Lanka’s Colombo Stock Exchange has been the top in yields with 8.9 percent. Thailand’s stock exchange and the Indian bourse have followed with 6.3 percent and 4.6 percent, respectively.

The worst performer in this period was Greek Cyprus with 10.4 percent. Bermuda took second spot with 9.5 percent, while China’s Shenzhen Stock Exchange ranked third.

source - http://www.hurriyetdailynews.com