Major Price Day Q2/19 Q3/19 Q4/19 Q1/20
Dow Jones 25,877 197.43 0.77% 26,245 25,910 25,577 25,250
S&P 500 2,864 24.13 0.85% 2,907 2,869 2,833 2,796
NASDAQ 100 7,451 0.00 0.00% 7,680 7,581 7,484 7,388
NASDAQ 7,786 0.00 0.00% 7,992 7,889 7,788 7,689
S&P MidCap 400 1,900 24.05 1.28% 1,946 1,921 1,896 1,872
US 600 940 11.40 1.23% 963 950 938 926
Russell 2000 1,545 20.28 1.33% 1,571 1,551 1,531 1,511
S&P VIX 14.95 1.36 -0.43% 12.95 12.79 12.62 12.46
US 100 10,548 70.76 0.68% 10,638 10,502 10,367 10,235
NIKKEI 225 21,332 66.22 0.31% 21,932 21,609 21,290 20,979
FTSE 100 7,329 18.04 0.25% 7,353 7,277 7,202 7,128
FTSE All 4,014 11.56 0.29% 4,026 3,985 3,944 3,903
DAX 12,143 102.18 0.85% 12,204 12,053 11,904 11,755
CAC 40 5,385 26.87 0.50% 5,533 5,471 5,411 5,351
FTSE MIB 20,699 158.74 0.77% 21,562 21,247 20,936 20,632
IBEX 35 9,239 39.40 0.43% 9,475 9,372 9,270 9,169
ASX 50 6,432 14.40 -0.22% 6,171 6,115 6,060 6,006
Australian All 6,581 3.40 -0.05% 6,361 6,303 6,247 6,190
ASX 200 6,487 12.42 -0.19% 6,291 6,234 6,178 6,123
SHANGHAI 2,903 3.01 -0.10% 3,024 2,970 2,917 2,865
CSI 300 3,664 2.48 -0.07% 3,844 3,775 3,708 3,642
SHANGHAI 50 2,735 4.55 -0.17% 2,893 2,841 2,791 2,741
SENSEX 38,970 382.87 -0.97% 38,633 38,239 37,849 37,462
MOEX 2,617 44.88 1.75% 2,532 2,505 2,478 2,452
TSX 16,426 24.72 0.15% 16,445 16,310 16,176 16,044
KOSPI 2,057 4.02 -0.20% 2,178 2,154 2,129 2,105
iBovespa 94,485 2,538.44 2.76% 94,503 92,692 90,909 89,165
IPC Mexico 43,190 329.12 -0.76% 43,968 43,349 42,738 42,136
AEX 553 1.77 0.32% 566 560 555 549
SMI 9,626 1.62 0.02% 9,666 9,564 9,462 9,362
FTSE/JSE TOP 40 49,486 64.86 -0.13% 51,568 50,872 50,185 49,508
JALSH-All Share 55,524 93.02 -0.17% 57,738 56,960 56,187 55,432
STI 3,195 11.24 0.35% 3,366 3,333 3,299 3,266
Hang Seng 27,696 41.10 0.15% 29,236 28,800 28,373 27,948
PSI Geral 3,116 33.49 1.09% 3,158 3,125 3,092 3,060
NZX 50 10,223 6.54 0.06% 9,882 9,805 9,727 9,650
Euro Stoxx 50 3,387 16.73 0.50% 3,484 3,447 3,410 3,374
Euronext 100 1,049 4.47 0.43% 1,075 1,063 1,052 1,041
NIFTY 50 11,709 119.15 -1.01% 11,628 11,510 11,392 11,276

America Price Day Q2/19 Q3/19 Q4/19 Q1/20
Dow Jones 25,877 197.43 0.77% 26,245 25,910 25,577 25,250
S&P 500 2,864 24.13 0.85% 2,907 2,869 2,833 2,796
NASDAQ 100 7,451 0.00 0.00% 7,680 7,581 7,484 7,388
NASDAQ 7,786 0.00 0.00% 7,992 7,889 7,788 7,689
S&P MidCap 400 1,900 24.05 1.28% 1,946 1,921 1,896 1,872
US 600 940 11.40 1.23% 963 950 938 926
Russell 2000 1,545 20.28 1.33% 1,571 1,551 1,531 1,511
S&P VIX 14.95 1.36 -0.43% 12.95 12.79 12.62 12.46
US 100 10,548 70.76 0.68% 10,638 10,502 10,367 10,235
Ecuador General Index 1,356 0.00 0.00% 1,357 1,350 1,344 1,337
TSX 16,426 24.72 0.15% 16,445 16,310 16,176 16,044
iBovespa 94,485 2,538.44 2.76% 94,503 92,692 90,909 89,165
IPC Mexico 43,190 329.12 -0.76% 43,968 43,349 42,738 42,136
S&P/BVL Peru General Index TR (PEN) 20,074 133.11 0.67% 20,723 20,552 20,380 20,211
Merval 34,481 988.85 2.95% 28,575 27,611 26,682 25,783
IBC 16,466 611.32 -3.58% 6,773 2,581 983 375
COLCAP 1,493 10.67 0.72% 1,557 1,540 1,524 1,508
IGPA 25,125 61.08 -0.24% 26,126 25,924 25,721 25,521
BVPSI 438 0.14 0.03% 436 434 433 431
BSX 2,301 0.69 0.03% 2,329 2,265 2,202 2,142
JSE 412,053 3,093.47 -0.75% 397,134 392,798 388,542 384,286

Europe Price Day Q2/19 Q3/19 Q4/19 Q1/20
FTSE 100 7,329 18.04 0.25% 7,353 7,277 7,202 7,128
FTSE All 4,014 11.56 0.29% 4,026 3,985 3,944 3,903
DAX 12,143 102.18 0.85% 12,204 12,053 11,904 11,755
CAC 40 5,385 26.87 0.50% 5,533 5,471 5,411 5,351
FTSE MIB 20,699 158.74 0.77% 21,562 21,247 20,936 20,632
IBEX 35 9,239 39.40 0.43% 9,475 9,372 9,270 9,169
MOEX 2,617 44.88 1.75% 2,532 2,505 2,478 2,452
AEX 553 1.77 0.32% 566 560 555 549
BIST 100 85,310 1,461.89 -1.68% 93,603 91,828 90,082 88,364
SMI 9,626 1.62 0.02% 9,666 9,564 9,462 9,362
OMXS 30 1,603 14.01 0.88% 1,657 1,637 1,618 1,600
WIG 56,772 454.84 0.81% 59,406 58,678 57,956 57,240
WIG 20 2,191 15.42 0.71% 2,305 2,277 2,249 2,221
Euronext BEL 20 3,495 18.45 0.53% 3,702 3,660 3,619 3,579
Oslo Bors All-Share 999 3.68 0.37% 986 974 962 951
ATX 3,026 11.26 0.37% 3,171 3,129 3,086 3,045
OMX Copenhagen 991 9.50 0.97% 1,001 989 977 965
OMX Helsinki 9,359 116.86 1.26% 9,379 9,263 9,148 9,035
OMX Helsinki 25 3,969 53.23 1.36% 3,981 3,932 3,883 3,835
ISEQ 6,232 8.55 0.14% 6,376 6,298 6,222 6,146
Athens General 733 15.97 2.23% 761 749 737 725
PSI Geral 3,116 33.49 1.09% 3,158 3,125 3,092 3,060
PSI 20 5,123 23.75 0.47% 5,334 5,279 5,224 5,170
PX 1,048 1.01 -0.10% 1,060 1,051 1,042 1,033
BET 8,153 52.45 -0.64% 8,298 8,156 8,016 7,879
BUX 39,576 54.73 -0.14% 41,942 41,372 40,811 40,254
PFTS 574 2.67 0.47% 552 544 537 529
SAX 345 1.63 0.47% 354 350 346 341
LuxX 1,286 8.31 -0.64% 1,419 1,394 1,371 1,347
CROBEX 1,858 4.79 0.26% 1,828 1,817 1,807 1,796
SOFIX 569 0.54 -0.09% 571 566 562 557
SBITOP 860 5.97 -0.69% 881 874 867 861
OMX Vilnius 681 1.24 0.18% 679 675 672 668
BELEX 15 733 0.32 -0.04% 737 730 723 716
CSE General 69 0.51 0.74% 70 69 68 68
Euro Stoxx 50 3,387 16.73 0.50% 3,484 3,447 3,410 3,374
OMX Tallinn 1,243 1.83 -0.15% 1,250 1,242 1,234 1,227
OMX Riga 1,025 2.67 -0.26% 1,010 995 979 964
SASX-10 768 3.72 -0.48% 763 754 744 735
MSE 4,778 14.91 0.31% 4,686 4,657 4,628 4,599
MBI 10 3,917 18.61 0.48% 3,564 3,525 3,487 3,449
Euronext 100 1,049 4.47 0.43% 1,075 1,063 1,052 1,041
ICEX 1,482 8.10 0.55% 1,410 1,394 1,379 1,363
MONEX INDEX 10,739.37 14.39 -0.13% 10,617.43 10,545.82 10,475.27 10,405.79

Asia Price Day Q2/19 Q3/19 Q4/19 Q1/20
NIKKEI 225 21,332 66.22 0.31% 21,932 21,609 21,290 20,979
SHANGHAI 2,903 3.01 -0.10% 3,024 2,970 2,917 2,865
CSI 300 3,664 2.48 -0.07% 3,844 3,775 3,708 3,642
SHANGHAI 50 2,735 4.55 -0.17% 2,893 2,841 2,791 2,741
SENSEX 38,970 382.87 -0.97% 38,633 38,239 37,849 37,462
KOSPI 2,057 4.02 -0.20% 2,178 2,154 2,129 2,105
DSE Broad 5,237 39.30 -0.74% 5,159 5,116 5,073 5,030
JCI 5,953 1.44 0.02% 6,373 6,293 6,213 6,134
TASI 8,609 140.42 1.66% 9,203 9,098 8,995 8,893
TAIEX 10,498 33.87 0.32% 10,836 10,706 10,577 10,451
ADX General 4,782 49.53 1.05% 5,205 5,152 5,100 5,049
SET 50 1,072 3.15 0.29% 1,100 1,088 1,077 1,065
FKLCI 1,604 1.62 -0.10% 1,628 1,614 1,600 1,586
STI 3,195 11.24 0.35% 3,366 3,333 3,299 3,266
TA-100 1,453 9.59 0.66% 1,454 1,439 1,425 1,410
Hang Seng 27,696 41.10 0.15% 29,236 28,800 28,373 27,948
PSEi 7,753 30.97 0.40% 7,836 7,721 7,607 7,495
KSE 100 33,442 191.56 0.58% 36,255 35,732 35,217 34,710
KASE 2,302 1.25 0.05% 2,311 2,290 2,268 2,247
QE 9,701 197.81 -2.00% 10,267 10,158 10,050 9,944
VN 986 0.84 -0.09% 965 950 935 921
HNX 106 0.12 0.11% 106 104 103 101
MSM TOP 30 3,842 2.16 -0.06% 3,913 3,881 3,849 3,818
ASPI 5,291 31.57 0.60% 5,442 5,405 5,369 5,333
Blom 840 11.83 -1.39% 900 893 886 880
ASE 1,816 14.10 -0.77% 1,801 1,790 1,779 1,768
LSX Composite 805 4.98 0.62% 775 765 755 745
MSE TOP 20 20,247 58.16 0.29% 20,265 20,033 19,806 19,580
DFM general 2,539 26.02 1.04% 2,739 2,711 2,684 2,657
Nikkei Volatility Index 18.18 0.38 -2.05% 16.51 16.27 16.03 15.80
NIFTY 50 11,709 119.15 -1.01% 11,628 11,510 11,392 11,276
All-Share Index 5,598.72 37.88 0.68% 5,596.78 5,563.57 5,530.91 5,498.26
Estirad 1,409.43 12.97 0.93% 1,426.61 1,419.30 1,412.13 1,404.96

Australia Price Day Q2/19 Q3/19 Q4/19 Q1/20
ASX 50 6,432 14.40 -0.22% 6,171 6,115 6,060 6,006
Australian All 6,581 3.40 -0.05% 6,361 6,303 6,247 6,190
ASX 200 6,487 12.42 -0.19% 6,291 6,234 6,178 6,123
NZX 50 10,223 6.54 0.06% 9,882 9,805 9,727 9,650

Africa Price Day Q2/19 Q3/19 Q4/19 Q1/20
NSE-All Share 30,218 844.74 2.88% 28,821 28,486 28,157 27,830
FTSE/JSE TOP 40 49,486 64.86 -0.13% 51,568 50,872 50,185 49,508
JALSH-All Share 55,524 93.02 -0.17% 57,738 56,960 56,187 55,432
Egypt EGX 30 13,614 234.75 1.75% 14,699 14,481 14,268 14,056
Casablanca CFG 25 11,324 66.91 -0.59% 11,116 11,040 10,965 10,891
Nairobi 20 2,645 8.43 0.32% 2,773 2,749 2,725 2,702
NSE All Share 140 5.29 -3.64% 156 155 153 152
DSEI 1,875 2.38 0.13% 1,824 1,692 1,569 1,455
TUN 6,911 26.05 -0.38% 6,832 6,780 6,727 6,676
GGSECI 2,386 4.26 -0.18% 2,288 2,268 2,247 2,228
NSX Overall 1,322 12.82 -0.96% 1,343 1,321 1,300 1,279
Gaborone 7,658 0.20 0.00% 7,831 7,799 7,767 7,735
SEMDEX 2,153 1.68 -0.08% 2,134 2,128 2,121 2,114
Zimbabwe Industrial Index 491.08 3.71 0.76% 432.28 418.48 405.13 392.22

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 May 1 of 2019. Please consider that while TRADING ECONOMICS forecasts are made using our best efforts, they are not investment recommendations.