Major Price Day Q3/19 Q4/19 Q1/20 Q2/20
Dow Jones 27,154 68.77 -0.25% 26,254 25,914 25,576 25,243
S&P 500 2,977 18.50 -0.62% 2,904 2,866 2,829 2,792
NASDAQ 100 7,835 0.00 0.00% 7,571 7,473 7,376 7,280
NASDAQ 8,146 0.00 0.00% 7,902 7,799 7,698 7,598
S&P MidCap 400 1,937 6.20 -0.32% 1,920 1,895 1,871 1,846
US 600 940 2.23 -0.24% 941 929 917 905
Russell 2000 1,548 7.73 -0.50% 1,546 1,526 1,506 1,487
S&P VIX 14.45 0.92 0.92% 14.88 14.69 14.50 14.31
US 100 10,890 52.00 -0.48% 10,653 10,514 10,378 10,243
NIKKEI 225 21,467 420.75 2.00% 20,999 20,727 20,457 20,191
FTSE 100 7,509 15.61 0.21% 7,351 7,278 7,205 7,133
FTSE All 4,098 9.75 0.24% 4,016 3,976 3,936 3,897
DAX 12,260 32.22 0.26% 12,245 12,094 11,944 11,795
CAC 40 5,552 1.79 0.03% 5,475 5,412 5,350 5,289
FTSE MIB 21,641 449.35 -2.03% 20,940 20,649 20,362 20,077
IBEX 35 9,171 55.20 -0.60% 9,102 9,007 8,912 8,819
Australian All 6,786 50.80 0.75% 6,637 6,575 6,514 6,453
ASX 200 6,700 51.20 0.77% 6,557 6,496 6,436 6,376
ASX 50 6,645 44.50 0.67% 6,533 6,472 6,412 6,353
SHANGHAI 50 2,896 36.46 1.28% 2,877 2,824 2,772 2,721
SHANGHAI 2,924 23.02 0.79% 2,924 2,870 2,817 2,766
CSI 300 3,808 39.55 1.05% 3,755 3,686 3,618 3,552
SENSEX 38,337 560.45 -1.44% 38,961 38,532 38,110 37,689
MOEX 2,701 2.02 -0.07% 2,736 2,706 2,677 2,648
TSX 16,486 8.29 -0.05% 16,248 16,115 15,982 15,851
KOSPI 2,094 27.81 1.35% 2,107 2,083 2,059 2,036
iBovespa 103,452 1,264.66 -1.21% 99,150 97,363 95,616 93,889
IPC Mexico 41,607 11.57 -0.03% 42,561 41,970 41,387 40,809
AEX 572 0.27 0.05% 556 550 544 539
SMI 9,937 73.12 -0.73% 9,796 9,695 9,595 9,496
FTSE/JSE TOP 40 52,107 373.82 0.72% 51,520 50,851 50,190 49,537
JALSH-All Share 58,249 376.20 0.65% 57,447 56,702 55,963 55,235
STI 3,378 16.91 0.50% 3,288 3,255 3,222 3,189
Hang Seng 28,765 303.74 1.07% 28,117 27,698 27,287 26,879
PSI Geral 3,206 6.85 -0.21% 3,122 3,091 3,059 3,028
NZX 50 10,773 19.38 0.18% 10,392 10,311 10,231 10,151
Euro Stoxx 50 3,480 2.65 -0.08% 3,435 3,398 3,360 3,323
Euronext 100 1,082 3.36 0.31% 1,060 1,048 1,036 1,025
NIFTY 50 11,419 177.65 -1.53% 11,659 11,531 11,404 11,279

America Price Day Q3/19 Q4/19 Q1/20 Q2/20
Dow Jones 27,154 68.77 -0.25% 26,254 25,914 25,576 25,243
S&P 500 2,977 18.50 -0.62% 2,904 2,866 2,829 2,792
NASDAQ 100 7,835 0.00 0.00% 7,571 7,473 7,376 7,280
NASDAQ 8,146 0.00 0.00% 7,902 7,799 7,698 7,598
S&P MidCap 400 1,937 6.20 -0.32% 1,920 1,895 1,871 1,846
US 600 940 2.23 -0.24% 941 929 917 905
Russell 2000 1,548 7.73 -0.50% 1,546 1,526 1,506 1,487
S&P VIX 14.45 0.92 0.92% 14.88 14.69 14.50 14.31
US 100 10,890 52.00 -0.48% 10,653 10,514 10,378 10,243
Ecuador General Index 1,332 4.58 0.35% 1,355 1,349 1,342 1,336
TSX 16,486 8.29 -0.05% 16,248 16,115 15,982 15,851
iBovespa 103,452 1,264.66 -1.21% 99,150 97,363 95,616 93,889
IPC Mexico 41,607 11.57 -0.03% 42,561 41,970 41,387 40,809
S&P/BVL Peru General Index TR (PEN) 20,845 74.36 -0.36% 20,450 20,278 20,107 19,938
Merval 40,162 591.15 -1.45% 40,522 39,284 38,089 36,927
IBC 24,235 169.70 -0.70% 7,018 2,668 1,015 386
COLCAP 1,600 13.43 0.85% 1,532 1,516 1,499 1,483
IGPA 25,670 47.88 0.19% 25,581 25,383 25,184 24,988
BVPSI 445 0.06 -0.01% 439 437 436 435
BSX 2,130 15.80 -0.74% 2,130 2,069 2,010 1,952
JSE 488,479 1,589.50 0.33% 458,520 453,139 447,850 442,607

Europe Price Day Q3/19 Q4/19 Q1/20 Q2/20
FTSE 100 7,509 15.61 0.21% 7,351 7,278 7,205 7,133
FTSE All 4,098 9.75 0.24% 4,016 3,976 3,936 3,897
DAX 12,260 32.22 0.26% 12,245 12,094 11,944 11,795
CAC 40 5,552 1.79 0.03% 5,475 5,412 5,350 5,289
FTSE MIB 21,641 449.35 -2.03% 20,940 20,649 20,362 20,077
IBEX 35 9,171 55.20 -0.60% 9,102 9,007 8,912 8,819
MOEX 2,701 2.02 -0.07% 2,736 2,706 2,677 2,648
AEX 572 0.27 0.05% 556 550 544 539
BIST 100 101,849 282.94 0.28% 94,652 92,857 91,092 89,355
SMI 9,937 73.12 -0.73% 9,796 9,695 9,595 9,496
OMXS 30 1,605 28.01 1.78% 1,603 1,584 1,565 1,546
WIG 60,902 709.44 1.18% 59,471 58,761 58,063 57,371
WIG 20 2,344 22.62 0.97% 2,300 2,273 2,246 2,219
Euronext BEL 20 3,652 31.71 0.88% 3,506 3,465 3,424 3,384
Oslo Bors All-Share 961 1.84 0.19% 955 943 931 919
ATX 2,949 5.03 -0.17% 2,938 2,898 2,859 2,821
OMX Copenhagen 998 4.28 -0.43% 990 977 965 953
OMX Helsinki 25 3,911 25.63 0.66% 3,907 3,856 3,806 3,756
OMX Helsinki 9,262 5.85 -0.06% 9,228 9,108 8,990 8,873
ISEQ 6,267 9.71 -0.15% 6,076 6,000 5,925 5,851
Athens General 868 2.77 -0.32% 854 840 826 812
PSI Geral 3,206 6.85 -0.21% 3,122 3,091 3,059 3,028
PSI 20 5,202 18.36 -0.35% 5,085 5,033 4,982 4,931
PX 1,067 3.54 0.33% 1,033 1,024 1,016 1,007
BET 9,088 31.18 0.34% 8,664 8,517 8,373 8,230
BUX 41,707 424.80 1.03% 39,812 39,349 38,894 38,443
PFTS 545 2.51 -0.46% 535 528 521 514
SAX 339 0.00 0.00% 341 337 333 328
LuxX 1,271 0.52 -0.04% 1,280 1,257 1,235 1,213
CROBEX 1,914 10.31 0.54% 1,872 1,862 1,851 1,841
SOFIX 583 5.56 0.96% 583 579 574 570
SBITOP 873 3.95 0.45% 875 869 863 857
OMX Vilnius 686 4.59 0.67% 662 659 655 652
BELEX 15 749 146.56 -16.36% 725 718 711 704
CSE General 70 0.43 -0.61% 70 70 69 68
ICEX 1,490 2.83 -0.19% 1,428 1,412 1,396 1,379
Euro Stoxx 50 3,480 2.65 -0.08% 3,435 3,398 3,360 3,323
OMX Tallinn 1,271 0.67 -0.05% 1,247 1,239 1,232 1,225
OMX Riga 1,035 3.15 0.31% 1,008 994 981 968
SASX-10 722 3.61 0.50% 742 733 724 716
MSE 4,807 13.18 -0.27% 4,782 4,752 4,722 4,692
MBI 10 3,838 4.58 0.12% 3,786 3,752 3,717 3,683
Euronext 100 1,082 3.36 0.31% 1,060 1,048 1,036 1,025
MONEX INDEX 11,126.30 0.56 0.01% 10,959.59 10,882.32 10,805.06 10,727.79

Asia Price Day Q3/19 Q4/19 Q1/20 Q2/20
NIKKEI 225 21,467 420.75 2.00% 20,999 20,727 20,457 20,191
SHANGHAI 2,924 23.02 0.79% 2,924 2,870 2,817 2,766
CSI 300 3,808 39.55 1.05% 3,755 3,686 3,618 3,552
SHANGHAI 50 2,896 36.46 1.28% 2,877 2,824 2,772 2,721
SENSEX 38,337 560.45 -1.44% 38,961 38,532 38,110 37,689
KOSPI 2,094 27.81 1.35% 2,107 2,083 2,059 2,036
DSE Broad 5,034 96.95 -1.89% 5,376 5,330 5,284 5,239
JCI 6,457 53.25 0.83% 6,284 6,209 6,136 6,064
TASI 8,958 76.03 -0.84% 8,710 8,599 8,490 8,382
TAIEX 10,873 73.91 0.68% 10,602 10,474 10,349 10,225
ADX General 5,235 17.24 0.33% 4,927 4,875 4,823 4,772
SET 50 1,148 7.53 0.66% 1,139 1,127 1,116 1,105
FKLCI 1,658 9.26 0.56% 1,660 1,648 1,635 1,623
STI 3,378 16.91 0.50% 3,288 3,255 3,222 3,189
TA-100 1,464 1.84 0.13% 1,469 1,454 1,438 1,423
Hang Seng 28,765 303.74 1.07% 28,117 27,698 27,287 26,879
PSEi 8,270 12.02 0.15% 7,890 7,782 7,676 7,570
KSE 100 32,459 149.23 0.46% 33,386 32,878 32,379 31,888
KASE 2,259 7.71 0.34% 2,267 2,245 2,224 2,202
QE 10,501 1.88 -0.02% 10,344 10,233 10,123 10,015
HNX 107 0.33 0.31% 102 101 100 98
VN 982 6.29 0.64% 938 926 914 902
MSM TOP 30 3,771 22.83 0.61% 3,856 3,828 3,799 3,771
ASPI 5,715 19.45 0.34% 5,335 5,298 5,262 5,226
Blom 847 0.90 0.11% 853 845 837 830
ASE 1,882 2.10 0.11% 1,868 1,856 1,845 1,833
DFM general 2,739 23.72 -0.86% 2,630 2,603 2,575 2,548
LSX Composite 773 4.19 -0.54% 788 779 769 760
MSE TOP 20 20,612 19.53 -0.09% 20,557 20,330 20,108 19,885
NIFTY 50 11,419 177.65 -1.53% 11,659 11,531 11,404 11,279
Nikkei Volatility Index 16.36 2.93 21.82% 16.14 15.93 15.72 15.52
All-Share Index 6,062.48 62.15 -1.01% 5,791.89 5,751.65 5,711.99 5,672.91
Estirad 1,534.16 3.62 -0.24% 1,463.53 1,456.03 1,448.68 1,441.32

Australia Price Day Q3/19 Q4/19 Q1/20 Q2/20
Australian All 6,786 50.80 0.75% 6,637 6,575 6,514 6,453
ASX 200 6,700 51.20 0.77% 6,557 6,496 6,436 6,376
ASX 50 6,645 44.50 0.67% 6,533 6,472 6,412 6,353
NZX 50 10,773 19.38 0.18% 10,392 10,311 10,231 10,151

Africa Price Day Q3/19 Q4/19 Q1/20 Q2/20
NSE-All Share 27,920 55.01 0.20% 29,604 29,245 28,891 28,543
FTSE/JSE TOP 40 52,107 373.82 0.72% 51,520 50,851 50,190 49,537
JALSH-All Share 58,249 376.20 0.65% 57,447 56,702 55,963 55,235
Egypt EGX 30 13,576 94.01 -0.69% 13,895 13,692 13,492 13,296
Casablanca CFG 25 11,482 61.66 0.54% 11,206 11,126 11,045 10,965
Nairobi 20 2,690 12.82 0.48% 2,611 2,589 2,567 2,546
NSE All Share 150 0.57 0.38% 148 147 146 145
DSEI 1,924 32.28 1.71% 1,873 1,853 1,834 1,815
TUN 7,201 49.89 -0.69% 7,097 7,045 6,994 6,942
GGSECI 2,314 19.98 0.87% 2,339 2,317 2,295 2,273
NSX Overall 1,353 14.24 1.06% 1,355 1,335 1,314 1,294
Gaborone 7,618 1.52 0.02% 7,587 7,552 7,518 7,483
SEMDEX 2,149 2.64 0.12% 2,121 2,113 2,105 2,098
Zimbabwe Industrial Index 638.82 0.88 -0.14% 660.20 637.71 615.91 594.93

TRADING ECONOMICS expects stock markets to fall further and more rapidly than most investors anticipate on speculation that economic growth will be hurt by an ugly trade war between the United States and China. In addition, geopolitical tensions between Saudi Arabia and Iran, Russia and the European union are likely to take center stage in the second part of 2018 hurting investors appetite for risky assets even further. Then, the removal of excessive monetary liquidity from the financial system by central banks will make it more expensive for companies to borrow to buy their own stocks and investors to take loans to leverage their stock portfolios. TRADING ECONOMICS provides forecasts for major stock market indexes and shares based on its analysts expectations and proprietary global macro models. The current forecasts were last revised on July 1 of 2019. Please consider that while TRADING ECONOMICS forecasts are made using our best efforts, they are not investment recommendations.