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Thailand–Best in Asia in 2016

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#Thailand–Best Returning #Market in Asia in 2016 #ChartOfTheDay

 

  • The blue bars in the chart show the US dollar (USD) returns, for a regional investor since it takes currency impact into account
  • Different ASEAN countries were both among the top performers and the absolutely worst performers
  • Thailand had by far the best return in 2016, despite massive events that challenged and are likely to continue to challenge politics and the economy
  • Besides HK and China H-shares, the East Asian markets did well in 2016
  • Both Philippines and Malaysian markets performed poorly in 2016, but the main drag on performance in those markets was that their respective currencies weakened a lot vs the USD

 

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Posted in Chart of the Day