Of the 20 observed indices, SBITOP tops the list with a YTD increase of 33%.
2021 could be considered as a very solid year for equities both in the region and globally. With very solid performances of SBITOP and CROBEX, we decided to take a look at how does this performance compare to major European and global indices. For this, we looked at 20 selected equity indices.
As visible from the table, 15 out of 19 indices noted a double-digit increase while Slovenian SBITOP leads the list with a YTD increase of as much as 30.61%. Note that the index has seen a slight decrease in the past 1 month (-1.8%), following the Evergrande crisis, which led to a slump in all major equity indices. Croatian CROBEX also noted a very solid increase of 13.6%, despite being heavily reliant on the tourism sector, which has been significantly affected globally since the outbreak of the pandemic.
On the flip side, the only 2 indices (of the observed ones) to note a YTD decrease was Hang Seng, which noted a decrease of -11% and Bist100 of -6.2%.
YTD Performance of Selected Indices
Source: Bloomberg, InterCapital Research