Subscribe Feed (RSS)Mideast markets underperforming?
November 21st, 2006 by eyal | Filed under Day Trading. |
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Apparently this graph shows that most markets in the Middle East have underperformed. Unfortunately it doesn’t show the most important market in the Middle East in the only Democracy/Capitalist country - Israel. The Tel Aviv Stock Exchange main index the TA25 climbed 25% in 2005.
Graph via The Kirk Report.
if i didn’t know better, i would think they might side against israel in any conflict also…that’s right they do that too!
Nah they can’t possibly be so partial can they? ;-) Or maybe it was prepared by a native of one of Israel’s neighbours and therefore obviously Israel does not exit at all let alone its stock market.
Btw, I’ve just calculated the performance for the period shown in the graph and TA25 has gone up in that time 9.26% exactly.
lol