The Dow Jones industrial average
The FTSE 100
After hitting a record high in May, the blue-chip index of top
2018 was a torrid year for China’s investors. The
Brazil’s Bovespa index
Jair Bolsonaro’s rise to the Brazilian presidency has alarmed human rights groups but cheered investors. The far-right firebrand wants to create US-style free markets, sell government assets, reform the tax system and cut Brazil’s deficit. This drove São Paulo’s Bovespa index up 15%, making it the best-performing major stock market in 2018.
The oil price had a dizzying ride in 2018. Supply worries owing to Iranian sanctions and disruption in