Mongolian stock market second-highest performing in 2011
According to a survey by the website businessinsider.com, the Mongolian stock market was the second-best performing exchange in the world in 2011, finishing the year up a whopping 32.6 percent.
Only the Venezuela Caracas Stock Exchange performed better, rising an astonishing 80.8 percent.
For the survey, the website calculated yearly returns for some 100 global exchanges to see how indexes compared to each other. It found that less than 15 percent of markets finished the year in positive territory. The worst performer was the Cyprus Stock Exchange General Index, which fell 75.8 percent.
Please note that this article and / or its accompanying media (picture, video, sound files etc…) has not been written, created or taken by M.A.D. Investment Solutions staff. It is not copyrighted to M.A.D. Investment Solutions nor does the company claim any ownership or rights towards the content and its accompanying media. The above article does not in any case represent the views or opinions of M.A.D. Investment Solutions or any of its affiliate individuals or companies. The article above is purely meant as a source of information to readers and does not constitute a legal or biding agreement in any way, shape or form. Ownership of the content and its accompanying media remains with its legal owner or contributor but was sourced from Public Domain sources. If you are the owner of this content or its media and would like it replaced or taken out of our website, please contact us on: info@mad-mongolia.com. For contact and comments directly relating to the above article and or its accompanying media, please refer to the source as stated below.
Source : News.mn
Only the Venezuela Caracas Stock Exchange performed better, rising an astonishing 80.8 percent.
For the survey, the website calculated yearly returns for some 100 global exchanges to see how indexes compared to each other. It found that less than 15 percent of markets finished the year in positive territory. The worst performer was the Cyprus Stock Exchange General Index, which fell 75.8 percent.
Please note that this article and / or its accompanying media (picture, video, sound files etc…) has not been written, created or taken by M.A.D. Investment Solutions staff. It is not copyrighted to M.A.D. Investment Solutions nor does the company claim any ownership or rights towards the content and its accompanying media. The above article does not in any case represent the views or opinions of M.A.D. Investment Solutions or any of its affiliate individuals or companies. The article above is purely meant as a source of information to readers and does not constitute a legal or biding agreement in any way, shape or form. Ownership of the content and its accompanying media remains with its legal owner or contributor but was sourced from Public Domain sources. If you are the owner of this content or its media and would like it replaced or taken out of our website, please contact us on: info@mad-mongolia.com. For contact and comments directly relating to the above article and or its accompanying media, please refer to the source as stated below.
Source : News.mn
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