This year, which is less than an hour away, has seen confused markets across Asia-Pacific. Nomura's Jim McCafferty reported countries including China, South Korea, Taiwan and Japan were a secure spot for investment.
China, the origin of the coronavirus, saw a huge recovery; Shenzhen component growth is significant amongst Asia-Pacific premier markets, with a rise of 38.73% this year. Furthermore, China’s CSI 300 index showed top performance with a surge 27.21% during the year.
South Korai, too, experienced a nice gain; Kospi saw over 30% expansion.
Meanwhile, the Nasdaq Composite grew 43.44%, with a record index as investment in its tech stocks increased. This year, too, the S&P 500 did a good job with 15.52% increase.
Below comes a short list of index calculations in parts of Asia-Pacific region:
China's Shanghai composite: +13.87%
Hong Kong's Hang Seng index: -3.4%
Japan's Nikkei 225: +16.01%
Singapore's Straits Times index: -11.76%
Taiwan's Taiex: +22.8%