Stock Market Performance: Asia Pacific Countries (Jan-Oct 2017)

James Ryan Jonas

Philippine stocks are reaching brand-new all-time high levels. In fact, today, October 17, the Philippine Stock Exchange index (PSEi) rose to a new unprecedented record, closing at 8,497.74 points. This is a trading close that was never reached by the PSEi ever until today.

Year-to-date, that is from January to October 2017, the PSEi has already surged by +24.22%. This means if you invested P100,000 in the Philippine equity index from the start of the year, your money is now worth P124,220.00. Wow!

Indeed, the Philippine stock market is one of the best performing stock markets in Asia Pacific in terms of profits. It is currently ranked 3rd among 14 stock markets which we, at PinoyMoneyTalk, monitored and analyzed using Bloomberg data.

Check out the list below.

Best Stock Markets in Asia Pacific, ranked by returns

CountryStock IndexJan-Oct 2017 % Change
1VietnamVietnam Hanoi Stock Exchange Equity Index37.10%
2China (Hong Kong)Hong Kong Hang Seng Index30.44%
3PhilippinesPhilippines Stock Exchange PSEi Index24.22%
4South KoreaKorea Stock Exchange KOSPI Index22.60%
5IndiaS&P BSE SENSEX Index22.47%
6China (Shanghai)Shanghai Shenzhen CSI 300 Index18.22%
7China (Taiwan)Taiwan Stock Exchange Weighted Index15.88%
8SingaporeStraits Times Index STI15.56%
9ThailandStock Exchange of Thailand SET 50 Index14.50%
10JapanTokyo Stock Exchange Tokyo Price Index13.48%
11IndonesiaJakarta Stock Exchange Composite Index12.28%
12JapanJapan Nikkei 225 - Nikkei Index11.62%
13MalaysiaFTSE Bursa Malaysia KLCI Index6.53%
14AustraliaS&P/ASX 200 Australia Stock Index3.95%

Among 14 Asia Pacific stock markets, the Hanoi Stock Exchange Equity Index of Vietnam generated the biggest profits year-to-date, rising by +37.10% this year. This makes Vietnam the best performing stock market in Asia. If you put your P100,000 here, your money is now worth P137,100.

Trailing Vietnam is the Hong Kong Hang Seng index which already grew by +30.44% in the first 10 months of the year.

Meanwhile, the Philippine stock market is ranked 3rd, with its 30-company PSEi rising in value by +24.22% year-to-date.

Check out below the returns of other stock markets we analyzed.

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James Ryan Jonas teaches business management, investments, and entrepreneurship at the University of the Philippines (UP). He is also the Executive Director of UP Provident Fund Inc., managing and investing P3.2 Billion ($56.4 Million) worth of retirement funds on behalf of thousands of UP employees.