Mongolian stock market second-highest performing in 2011 - News.MN

Mongolian stock market second-highest performing in 2011

Old News! Published on: 2012.01.04

Mongolian stock market second-highest performing in 2011

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Мөнгөнтамир
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According to a survey by the website businessinsider.com, the Mongolian stock market was the second-best performing exchange in the world in 2011, finishing the year up a whopping 32.6 percent. Only the Venezuela Caracas Stock Exchange performed better, rising an astonishing 80.8 percent.

For the survey, the website calculated yearly returns for some 100 global exchanges to see how indexes compared to each other. It found that less than 15 percent of markets finished the year in positive territory. The worst performer was the Cyprus Stock Exchange General Index, which fell 75.8 percent.

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