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Screenshot of a breaking news alert e-mail from Q2 2017
The exchange sector continued to demonstrate positive returns for investors with continued positive performances on the FTSE Mondo Visione Exchanges Index in Q3 of 2017.
Bulgarian Exchange topped the leader board with an increase in share value of 67.3 per cent in Q3 2017 against a 6.6 per cent increase in Q2 2017.
B3 SA experienced a 27.0 per cent increase in share value in Q3 2017, followed by CBOE Holdings with a 17.8 per cent increase for the same period.
The share price performance of India’s BSE was the bottom of the Index table with a 10.0 per cent decrease in share value during Q3 2017. Greece’s Hellenic Exchanges SA experienced a 7.0 per cent decrease in share value in Q3 2017, followed by the Multi Commodity Exchange of India with a 5.5 per cent decrease during the same period.
The Index, which aims to reflect market sentiment and is a key indicator of the exchanges’ performance, saw a 3.6 per cent increase in September 2017.
Overall, the FTSE Mondo Visione Exchange Index experienced a 6.8 per cent increase in Q3 2017. This compared to an 8.0 per cent increase in Q2 2017.
Commenting on the Index which closed up at 45,232.14 on 29 September 2017, Herbie Skeete, Managing Director, Mondo Visione and Co-founder of the Index said:
Eastern European exchanges were the pick of the crop in September and in the third quarter with strong returns for the Moscow Exchange in September and the Bulgarian Stock Exchange in the third quarter. Significantly, the U.S. Capital Group increased its shareholding in Moscow Exchange to 5%, despite a new round of anti-Russia sanctions. Capital Group obtained control of the stake through five subsidiary companies engaged in trust management.
The FTSE Mondo Visione Exchanges Index best performer by capital returns in US dollars was Moscow Exchange with a 10.6 per cent increase in share price from 31 August to 29 September 2017. The next best performer was CME Group with a 7.9 per cent increase over the same period.
The FTSE Mondo Visione Exchanges Index worst performer by capital returns in US dollars was South Africa’s JSE with a 11.5 per cent decrease in share price from 31 August to 29 September 2017. This was followed by Kenya’s Nairobi Securities Exchanges with a 9.8 per cent decrease over the same period.
The FTSE Mondo Visione Exchanges Index is compiled by FTSE Group from data based on the share price performance of listed exchanges and trading platforms.
1 Year Performance Chart Of The FTSE Mondo Visione Exchanges Index (USD Capital Return)
Monthly FTSE Mondo Visione Exchanges Index Performance (Capital Return, USD)