Major Price Day Q1/19 Q2/19 Q3/19 Q4/19
Dow Jones 24,581 7.75 0.03% 22,667 22,327 21,993 21,662
S&P 500 2,641 2.77 0.10% 2,438 2,401 2,365 2,330
NASDAQ 100 6,685 26.96 0.40% 6,112 6,021 5,930 5,841
NASDAQ 7,026 0.00 0.00% 6,494 6,397 6,301 6,206
S&P MidCap 400 1,787 0.00 0.00% 1,615 1,591 1,567 1,544
US 600 907 1.79 -0.20% 828 815 803 791
Russell 2000 1,454 0.00 0.00% 1,328 1,308 1,289 1,269
S&P VIX 19.58 0.06 0.06% 27.21 26.80 26.40 26.00
US 100 10,009 0.00 0.00% 9,326 9,186 9,048 8,912
NIKKEI 225 20,575 19.09 -0.09% 19,699 19,386 19,080 18,780
FTSE 100 6,835 6.67 -0.10% 6,622 6,551 6,482 6,414
FTSE All 3,763 1.88 -0.05% 3,621 3,583 3,545 3,508
DAX 11,130 59.28 0.54% 10,400 10,265 10,131 9,999
CAC 40 4,880 40.40 0.83% 4,616 4,562 4,510 4,458
FTSE MIB 19,505 104.76 0.54% 17,883 17,610 17,343 17,080
IBEX 35 9,184 59.43 0.65% 8,357 8,262 8,168 8,075
Australian All 5,931 21.80 0.37% 5,572 5,520 5,468 5,417
ASX 200 5,866 22.00 0.38% 5,506 5,454 5,403 5,352
ASX 50 5,776 27.20 0.47% 5,520 5,468 5,417 5,366
SHANGHAI 2,591 10.46 0.41% 2,425 2,385 2,346 2,307
SHANGHAI 50 2,411 14.40 0.60% 2,226 2,189 2,153 2,118
CSI 300 3,159 17.73 0.56% 2,961 2,913 2,865 2,818
SENSEX 36,202 93.84 0.26% 35,492 35,119 34,750 34,387
MICEX 2,480 11.78 -0.47% 2,335 2,302 2,269 2,237
TSX 15,202 6.66 -0.04% 14,103 13,979 13,856 13,735
KOSPI 2,142 14.14 0.66% 1,986 1,962 1,938 1,915
iBovespa 96,319 239.73 -0.25% 86,047 84,460 82,908 81,383
IPC Mexico 43,680 88.41 -0.20% 41,106 40,535 39,972 39,413
AEX 511 3.31 0.65% 479 473 468 463
SMI 8,955 2.15 -0.02% 8,330 8,231 8,134 8,038
FTSE/JSE TOP 40 47,442 299.65 -0.63% 44,928 44,281 43,644 43,015
JALSH-All Share 53,635 279.90 -0.52% 50,798 50,067 49,345 48,634
STI 3,191 19.62 0.62% 3,035 3,001 2,968 2,935
Hang Seng 27,121 112.78 0.42% 24,718 24,314 23,914 23,522
PSI Geral 2,956 4.96 0.17% 2,729 2,701 2,672 2,644
NZX 50 9,109 2.88 0.03% 8,737 8,664 8,591 8,519
Euro Stoxx 50 3,131 19.93 0.64% 2,943 2,910 2,877 2,845
Euronext 100 949 1.53 0.16% 897 887 877 867
NIFTY 50 10,814 17.60 -0.16% 10,651 10,539 10,429 10,319

America Price Day Q1/19 Q2/19 Q3/19 Q4/19
Dow Jones 24,581 7.75 0.03% 22,667 22,327 21,993 21,662
S&P 500 2,641 2.77 0.10% 2,438 2,401 2,365 2,330
NASDAQ 100 6,685 26.96 0.40% 6,112 6,021 5,930 5,841
NASDAQ 7,026 0.00 0.00% 6,494 6,397 6,301 6,206
S&P MidCap 400 1,787 0.00 0.00% 1,615 1,591 1,567 1,544
US 600 907 1.79 -0.20% 828 815 803 791
Russell 2000 1,454 0.00 0.00% 1,328 1,308 1,289 1,269
S&P VIX 19.58 0.06 0.06% 27.21 26.80 26.40 26.00
US 100 10,009 0.00 0.00% 9,326 9,186 9,048 8,912
Ecuador General Index 1,411 6.36 -0.45% 1,399 1,393 1,387 1,381
TSX 15,202 6.66 -0.04% 14,103 13,979 13,856 13,735
iBovespa 96,319 239.73 -0.25% 86,047 84,460 82,908 81,383
IPC Mexico 43,680 88.41 -0.20% 41,106 40,535 39,972 39,413
S&P/BVL Peru General Index TR (PEN) 19,566 52.71 0.27% 19,137 18,971 18,805 18,643
Merval 34,844 25.09 0.07% 29,320 28,362 27,435 26,537
IBC 5,735 176.45 3.17% 636 252 100 40
COLCAP 1,407 2.58 0.18% 1,311 1,297 1,283 1,269
IGPA 27,265 17.18 0.06% 25,748 25,541 25,333 25,128
BVPSI 443 4.92 1.12% 449 447 444 442
BSX 2,080 6.24 0.30% 1,884 1,831 1,779 1,728
JSE 372,276 2,355.63 -0.63% 370,475 366,354 362,308 358,262

Europe Price Day Q1/19 Q2/19 Q3/19 Q4/19
FTSE 100 6,835 6.67 -0.10% 6,622 6,551 6,482 6,414
FTSE All 3,763 1.88 -0.05% 3,621 3,583 3,545 3,508
DAX 11,130 59.28 0.54% 10,400 10,265 10,131 9,999
CAC 40 4,880 40.40 0.83% 4,616 4,562 4,510 4,458
FTSE MIB 19,505 104.76 0.54% 17,883 17,610 17,343 17,080
IBEX 35 9,184 59.43 0.65% 8,357 8,262 8,168 8,075
MICEX 2,480 11.78 -0.47% 2,335 2,302 2,269 2,237
AEX 511 3.31 0.65% 479 473 468 463
BIST 100 100,828 687.18 0.69% 88,052 86,456 84,896 83,353
SMI 8,955 2.15 -0.02% 8,330 8,231 8,134 8,038
OMXS 30 1,489 10.02 0.68% 1,383 1,366 1,349 1,331
WIG 61,046 257.00 0.42% 56,799 56,068 55,343 54,629
WIG 20 2,400 7.43 -0.31% 2,238 2,210 2,181 2,153
Euronext BEL 20 3,461 4.07 0.12% 3,174 3,139 3,104 3,070
Oslo Bors All-Share 944 6.50 -0.68% 895 883 872 861
ATX 2,965 28.94 0.99% 2,707 2,670 2,634 2,598
OMX Copenhagen 934 0.20 -0.02% 891 880 869 857
OMX Helsinki 25 4,036 36.38 0.91% 3,679 3,633 3,588 3,542
OMX Helsinki 9,525 81.59 0.86% 8,696 8,587 8,480 8,374
ISEQ 5,854 25.35 0.43% 5,411 5,347 5,285 5,223
Athens General 627 4.31 -0.68% 596 586 576 567
PSI 20 5,109 23.25 0.46% 4,670 4,621 4,572 4,525
PSI Geral 2,956 4.96 0.17% 2,729 2,701 2,672 2,644
PX 1,024 1.90 0.19% 977 969 961 952
BET 7,142 51.72 -0.72% 7,268 7,155 7,043 6,933
BUX 40,906 87.76 0.22% 38,841 38,253 37,678 37,110
PFTS 555 0.30 -0.05% 546 533 520 508
SAX 332 0.47 0.14% 328 323 318 314
LuxX 1,369 6.57 -0.48% 1,296 1,276 1,255 1,236
CROBEX 1,751 4.20 -0.24% 1,720 1,709 1,698 1,688
SOFIX 562 1.29 -0.23% 584 580 575 571
SBITOP 838 5.16 -0.61% 798 792 785 779
OMX Vilnius 643 0.43 -0.07% 611 605 600 594
BELEX 15 699 1.48 -0.21% 756 750 745 739
SASX-10 630 24.27 -3.71% 620 612 605 598
CSE General 62 0.97 -1.53% 66 65 64 64
MSE 4,389 17.56 0.40% 4,488 4,462 4,436 4,411
ICEX 1,251 4.96 0.40% 1,202 1,189 1,176 1,164
MBI 10 3,596 0.00 0.00% 3,428 3,388 3,349 3,309
Euronext 100 949 1.53 0.16% 897 887 877 867
OMX Tallinn 1,219 2.78 -0.23% 1,155 1,147 1,139 1,131
OMX Riga 975 0.27 -0.03% 913 898 883 868
Euro Stoxx 50 3,131 19.93 0.64% 2,943 2,910 2,877 2,845
MONEX INDEX 10,640.59 7.87 -0.07% 10,732.26 10,633.69 10,536.20 10,438.71

Asia Price Day Q1/19 Q2/19 Q3/19 Q4/19
NIKKEI 225 20,575 19.09 -0.09% 19,699 19,386 19,080 18,780
CSI 300 3,159 17.73 0.56% 2,961 2,913 2,865 2,818
SHANGHAI 2,591 10.46 0.41% 2,425 2,385 2,346 2,307
SHANGHAI 50 2,411 14.40 0.60% 2,226 2,189 2,153 2,118
SENSEX 36,202 93.84 0.26% 35,492 35,119 34,750 34,387
KOSPI 2,142 14.14 0.66% 1,986 1,962 1,938 1,915
DSE Broad 5,950 24.77 0.42% 5,336 5,287 5,239 5,190
JCI 6,467 15.49 0.24% 6,098 6,017 5,936 5,857
TASI 8,455 11.07 -0.13% 7,698 7,607 7,517 7,428
TAIEX 9,877 30.72 0.31% 9,429 9,306 9,183 9,063
ADX General 5,019 48.35 0.97% 4,828 4,783 4,738 4,693
SET 50 1,084 1.36 0.13% 1,035 1,023 1,012 1,000
FKLCI 1,694 5.45 0.32% 1,653 1,638 1,623 1,608
STI 3,191 19.62 0.62% 3,035 3,001 2,968 2,935
TA-100 1,380 4.63 0.34% 1,319 1,305 1,291 1,277
Hang Seng 27,121 112.78 0.42% 24,718 24,314 23,914 23,522
PSEi 8,065 75.25 0.94% 7,377 7,266 7,157 7,050
KSE 100 40,391 332.66 0.83% 37,214 36,693 36,180 35,674
KASE 2,278 4.14 0.18% 2,282 2,259 2,236 2,213
QE 10,662 11.33 0.11% 10,130 9,997 9,864 9,734
HNX 103 0.11 0.11% 101 99 97 95
VN 909 0.61 0.07% 875 859 843 827
SECTMIND 416 0.00 0.00% 413 411 409 406
Kuwait Price 56 0.18 0.32% 6,595 6,557 6,519 6,481
MSM TOP 30 4,180 13.69 0.33% 4,295 4,261 4,227 4,194
ASPI 5,960 8.78 0.15% 6,027 5,992 5,957 5,923
Blom 948 0.00 0.00% 971 964 958 952
ASE 1,942 3.22 -0.17% 1,906 1,894 1,883 1,872
LSX Composite 817 1.76 0.22% 823 811 798 786
MSE TOP 20 21,435 28.83 -0.13% 21,175 20,887 20,604 20,323
DFM general 2,514 2.64 -0.10% 2,497 2,473 2,450 2,427
NIFTY 50 10,814 17.60 -0.16% 10,651 10,539 10,429 10,319
All-Share Index 5,241.45 4.87 0.09% 5,079.98 5,050.35 5,021.22 4,992.10
Nikkei Volatility Index 20.42 0.43 -2.06% 28.86 28.40 27.95 27.51
Estirad 1,374.16 12.53 0.92% 1,322.69 1,315.91 1,309.26 1,302.62

Australia Price Day Q1/19 Q2/19 Q3/19 Q4/19
Australian All 5,931 21.80 0.37% 5,572 5,520 5,468 5,417
ASX 200 5,866 22.00 0.38% 5,506 5,454 5,403 5,352
ASX 50 5,776 27.20 0.47% 5,520 5,468 5,417 5,366
NZX 50 9,109 2.88 0.03% 8,737 8,664 8,591 8,519

Africa Price Day Q1/19 Q2/19 Q3/19 Q4/19
NSE-All Share 30,879 141.68 0.46% 30,879 30,494 30,112 29,734
JALSH-All Share 53,635 279.90 -0.52% 50,798 50,067 49,345 48,634
FTSE/JSE TOP 40 47,442 299.65 -0.63% 44,928 44,281 43,644 43,015
Egypt EGX 30 13,507 0.01 0.00% 13,002 12,802 12,605 12,411
Casablanca CFG 25 11,273 12.17 -0.11% 11,290 11,217 11,144 11,072
NSE All Share 145 0.00 0.00% 139 138 137 136
Nairobi 20 2,877 6.58 0.23% 2,812 2,790 2,769 2,748
DSEI 2,008 0.75 0.04% 1,975 1,952 1,930 1,908
TUN 7,253 0.23 0.00% 7,147 7,091 7,036 6,981
GGSECI 2,430 6.17 -0.25% 2,472 2,448 2,424 2,400
Gaborone 7,873 5.74 -0.07% 7,819 7,786 7,754 7,721
SEMDEX 2,225 6.14 -0.28% 2,211 2,203 2,195 2,188
NSX Overall 1,333 0.01 0.00% 1,285 1,262 1,240 1,218
Zimbabwe Industrial Index 531.66 5.55 -1.03% 472.32 457.95 444.02 430.53

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 January 2 of 2019. Please consider that while TRADING ECONOMICS forecasts are made using our best efforts, they are not investment recommendations.