The performance of September was positive for most selected markets during which 11 markets achieved gains and 3 markets lost. The outcome of the performance for the nine months of this year was 13 markets gainers compared to their price levels since the beginning of the year, while one market lost.
The biggest gainer in September was the Japanese market whose index gained 5.1% in one month raising its gains since the beginning of this year to around 8.7% by the end of September. The second biggest gainer was the German market with gains,
The German market was in the second place as we mentioned by gains of about 17.7%. of around 4.1% in September, which placed it in the second position in performance since the beginning of the year with gains of about 17.7%. The French market was the third biggest gainer by 3.6% which became the best performer since the beginning of the year with its index gaining about 20%.
The biggest loser in September was Boursa Kuwait as its index lost about -4.4%, falling from the first to the sixth position and its gains decreased since the beginning of the year to about 11.8% compared to about 17%. Abu Dhabi’s market achieved the second biggest losses in September by its index losing -2.1% and its gains since the beginning of the year have fallen from around 5.1% in the end of August to 2.9% by the end of September. The least loser in September was a Gulf stock market too as Bahraini stock exchange achieved about -1.1% losses, but it ended the month as the best performing Gulf market since the beginning of the year by gains of about 13.4%.
September’s performance slightly changed the ranking order in the performance of markets since the beginning of the current year until the end of this month. The French market took the lead among gainers within the sample, by gains of about 20% as mentioned above. Despite the negative impact on China because of its trade war with the United States, it remained the third largest gainer since the beginning of the year with gains of about 16.5%.