Sunday, December 25, 2011

Today's Major Market Move: Brazil Electric.Energy IX Index Rises 9.5% in December

If you combine globally rising energy/commodity prices with a generally well performing equity market in Brazil, you get the best performing equity index for the month of December. The 'Brazil Electric.Energy IX Index' rose 9.5% this month to lead all of the equity indexes that we track.

Click here to go to the live table.

Another interesting aspect to this particular equity index is that it tracks Brazilian GDP growth quite closely. Here's a chart of % growth of 5 Brazilian equity indexes and gdp (actual and estimated).

Click here to go to the live chart.

The Brazil Electric.Energy IX Index is also performing very well for all of 2011 where it is up 27% and sitting right at the highs:

Click here to go to the live chart.

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