Brazil and Madrid Lead World Market Rankings

Econintersect:  The Brazil Bovespa index was the leading performer in the 30 world stock markets tracked by GEI for the week ending 2/18/2011.  The Bovespa turned in a gain of 3.5% to edge out Hong Kong (+3.4%) and Jakarta (+3.2%).

Madrid topped all markets for year-to-date return with +12.9%.  The next in rank leaders were all in Europe:  Paris +9.3%, Brussels +7.6% and Frankfurt +7.4%.

The poorest market performance last week was in Stockholm (-1.7%).  The only other down index in the group of 30 was the U.S Dow Jones Utility Average (-0.5%).  Mumbai is by far the poorest performing market of 2011 so far with a loss of 11.2%.

The tables below show performance for all 30 markets ranked for last week in the first table and YTD in the second.

Source:  Yahoo Finance