According to CNBC, 2020 ended with a different year for Asian stocks. Some indices in the region ended with a big leap, while others suffered a heavy fall under the Corona pandemic's influence.
China's Shenzhen index outperformed other Asian indices, jumping 38.73% in 2020. The CSI 300 index, which tracks China's largest companies, also outperformed in 2020, jumping 27.21 percent.
The South Korean KOSPI index also jumped more than 30% in 2020 to have a very successful year.
The performance of key Asian indices in 2020 was as follows:
ISX Australia: Negative 1.45%
Shanghai Composite: Positive 13.87%
Hang Seng Hong Kong: Negative 3.4%
SENSEX India: Positive 15.75%
Nifty India: Positive 14.9%
Nikki Japan: Positive 16.01%
Malaysian FTSE: positive 2.42%
PSA Philippine: Negative 8.64%
Taiex Taiwan: Positive 22.8%
AAT Thailand: Negative 8.26%
Vietnam Index: Positive 14.87%
According to Nomura's senior strategist, Jim Caffry, with the entry into 2021, regions such as China, Japan, Taiwan, and South Korea will be a safe investment for investors worldwide.