Just two global indices remain in positive territory since the pandemic has hit

June 17, 2020

Research by Sourced Capital shows that just two global indices have seen positive movement since the start of the COVID-19 pandemic, with the rest all in negative territory since the end of last year.

Across the 19 global indices, average growth currently sits at -10% since pre-pandemic levels seen in November 2019.

Just two have kept their head above water, the Argentinian Merval index and perhaps surprisingly, the NASDAQ 100.

The Merval has seen growth of 14% over the last six months, while the NASDAQ is close behind with a 12% uplift.

China’s Shanghai Comp has seen a marginal decline of -2%, while the US S&P 500 (-4%) has also seen a decline of less than -5%.

The worst performing to date is the Spanish IBEX 35, with a fall of -23% over the last six months, with the Italian FTSE MIB not far behind with a decline of -21%.

The Brazillian BOVESPA and French CAC 40 indices have also seen a decline of -20%.

With a decline of -16%, the UK’s FTSE 100 also sits in the bottom half of the table, joined by the S&P ASX20, BEL 20, RTS and Hang Seng.

Global indices – 6 month pandemic performance
Nation
Index
6 month performance (Nov 2019 pre-pandemic to May 2020)
Argentina
Merval
14%
United States
NASDAQ 100
12%
China
Shanghai Comp
-2%
United States
S&P 500
-4%
Switzerland
SMI
-6%
Japan
NIKKEI 225
-6%
Canada
S&P/TSX 60
-9%
United States
Dow Jones
-9%
Netherlands
AEX
-10%
Germany
DAX
-12%
Hong Kong
Hang Seng
-13%
Russia
RTS
-15%
United Kingdom
FTSE 100
-16%
Australia
S&P ASX 20
-16%
Belgium
BEL 20
-17%
France
CAC 40
-20%
Brazil
BOVESPA
-20%
Italy
FTSE MIB
-21%
Spain
IBEX 35
-23%
Average
-10%

Properganda PR

National and local media coverage for property businesses. Journo quotes delivered in minutes.

You May Also Enjoy

Letting Agent Talk

Spring clean drives high maintenance bill for landlord

The latest market insight from property management specialist, Rushbrook & Rathbone, suggests that property maintenance spend is set to surge in April, as the annual ‘spring clean’ by landlords saw the month account for the second highest proportion of total annual maintenance spend in 2025, as well as the largest average spend per work order. Rushbrook…
Read More →
Breaking News

65% of homebuyers blame slow process on conveyancers

The latest research from Lyons Bowe reveals that 65% of recent homebuyers say the conveyancing process was the slowest part of their buying process, with a quarter saying the legal back and forth took more than 16 weeks to complete. Lyons Bowe commissioned a survey of 1,000 UK homeowners who made a purchase in the past…
Read More →
Breaking News

UK Construction Activity Collapses

Glenigan’s April Construction Index uncovers an industry struggling to cushion the blows from ongoing international conflict and a persistently weak economy. Work starting on-site declined by 17% compared to Q4, remaining 18% below 2025 levels. Residential construction starts dropped by 13% during the Index period and fell by 30% against 2025 figures. Non-residential project-starts dipped…
Read More →
Breaking News

Homebuyer demand down in Q1 2026

Buyer demand slips in Q1 2026, with South of England outperformed by North and Midlands The latest Sales Demand Index from eXp UK has revealed that homebuyer demand in England slipped by -1.6% in Q1 2026. The analysis also reveals a clear north-south divide with counties located in the midlands or north of the country recording…
Read More →
Letting Agent Talk

Check your rights now or risk being caught out by new rental laws

Renters have been urged to check their rights now or risk being caught out, as sweeping new laws prepare to transform the rental market from May. The warning comes ahead of the Renters’ Rights Act, with major reforms set to affect millions of tenants, fundamentally changing how tenancies are managed and challenged. Housing law expert…
Read More →
Breaking News

East London dominates on annual growth for property values over the last decade

The latest analysis by Foxtons has revealed that, alongside a consistent average annual rate of growth in property values of 1.3% across the capital over the last decade, the east of London dominates when it comes to stand out borough performance – with Redbridge, Havering and Barking and Dagenham topping the table for house price…
Read More →