Ukraine’s PFTS stock market index (PFTS) climbed by over 80% during 2018 according to data sourced from Refinitv, reports CNBC. This makes the Ukrainian stock market the top performer worldwide over the past 12 months.
“This rise came despite Ukraine’s request for help from its international partners at the EU and NATO after Russia seized three naval vessels and 23 crew members in late November. The incident happened in the Kerch Strait, a channel that separates the Sea of Azov and Black Sea, to the south of Ukraine and Russia.”, – writes CNBC.
According to the article, the major stock markets across the world suffered their worst calendar year since the financial crisis in 2018, leaving many global investors fearful of further declines over the coming months.
The second best performing global stock market index is the blue-chip MBI 10 index of the Macedonian Stock Exchange (MSE). MBI 10 rose almost a third in 2018.