Page 81 - The Economist20171214

The Economist December 16th 2017 Economic and financial indicators 81

Markets
% change on Arms sales 2016, $bn
Dec 30th 2016 Sales of arms and military services by the 0 10 20 30 40
Index one in local in $ world’s 100 biggest defence companies
Dec 13th week currency terms came to $374.8bn last year. Though sales Lockheed Martin 86
United States (DJIA) 24,585.4 +1.8 +24.4 +24.4 (United States)
China (SSEA) 3,459.3 +0.3 +6.5 +11.7 rose by only 1.9%, that was the first Boeing 31
(United States)
Japan (Nikkei 225) 22,758.1 +2.6 +19.1 +22.8 annual increase since 2010, spurred by Raytheon Australia*
Britain (FTSE 100) 7,496.5 +2.0 +5.0 +13.5 regional tensions and ongoing military (United States) 95
Canada (S&P TSX) 16,136.6 +1.4 +5.6 +10.1 campaigns. American and European BAE Systems 95
Euro area (FTSE Euro 100) 1,232.7 +0.6 +10.9 +23.6 companies dominate the industry, ac- (Britain)
Euro area (EURO STOXX 50) 3,581.7 +0.6 +8.9 +21.3 counting for 82.4% of all arms sales, Northrop Grumman 87
Austria (ATX) 3,304.9 -0.3 +26.2 +40.7 although domestic demand boosted sales (United States)
General Dynamics
Belgium (Bel 20) 4,002.2 +0.6 +11.0 +23.7 by South Korean firms. Lockheed Martin (United States) 61
France (CAC 40) 5,399.5 +0.5 +11.0 +23.8 was the world’s largest arms company in Airbus Group
Germany (DAX)* 13,125.6 +1.0 +14.3 +27.4 2016, with revenues from weapons sales (Europe) 93
Greece (Athex Comp) 749.8 +3.1 +16.5 +29.9 L-3 Communications 85
Italy (FTSE/MIB) 22,400.2 +0.4 +16.5 +29.8 of $40.8bn (an increase of 10.7% on the (United States)
Netherlands (AEX) 550.6 +1.4 +13.9 +27.0 year before). It was helped by more Leonardo 64
Spain (Madrid SE) 1,036.5 +0.7 +9.9 +22.5 deliveries of its F-35 combat aircraft and (Italy) Arms sales
as%of
Thales
Czech Republic (PX) 1,059.9 +0.6 +15.0 +35.1 the acquisition of Sikorsky, a helicopter- (France) total sales 50
Denmark (OMXCB) 917.6 +1.6 +14.9 +28.0 maker, at the end of 2015.
Hungary (BUX) 38,228.2 +1.7 +19.5 +30.9 Source: SIPRI *Subsidiary of US company
Norway (OSEAX) 888.8 +1.5 +16.2 +19.5
Poland (WIG) 62,548.0 +0.6 +20.9 +40.7 Other markets The Economist commodity-price index
Russia (RTS, $ terms) 1,141.5 +0.9 -0.9 -0.9 % change on 2005=100
Sweden (OMXS30) 1,619.8 +1.5 +6.8 +14.7 Dec 30th 2016 % change on
one
one
Switzerland (SMI) 9,394.6 +0.9 +14.3 +17.4 Index one in local in $ Dec 5th Dec 12th* month year
Turkey (BIST) 108,153.1 +2.7 +38.4 +27.2 Dec 13th week currency terms Dollar Index
Australia (All Ord.) 6,103.1 +1.2 +6.7 +11.8 United States (S&P 500) 2,662.9 +1.3 +18.9 +18.9
Hong Kong (Hang Seng) 29,222.1 +3.5 +32.8 +31.9 United States (NAScomp) 6,875.8 +1.5 +27.7 +27.7 All Items 146.0 143.2 -2.9 -0.7
India (BSE) 33,053.0 +1.4 +24.1 +30.7 China (SSEB, $ terms) 337.4 +0.9 -1.3 -1.3 Food 150.3 145.3 -3.2 -6.2
Indonesia (JSX) 6,054.6 +0.3 +14.3 +13.3 Japan (Topix) 1,810.8 +2.6 +19.2 +23.0 Industrials
Malaysia (KLSE) 1,737.7 +1.1 +5.8 +16.2 Europe (FTSEurofirst 300) 1,538.3 +1.2 +7.7 +20.0 All 141.4 141.1 -2.6 +5.9
Pakistan (KSE) 38,819.7 -2.7 -18.8 -22.7 World, dev'd (MSCI) 2,083.4 +1.2 +19.0 +19.0 Nfa † 133.2 132.1 -0.8 -5.9
Singapore (STI) 3,468.8 +2.1 +20.4 +28.8 Emerging markets (MSCI) 1,112.4 +1.0 +29.0 +29.0 Metals 145.0 144.9 -3.2 +11.4
South Korea (KOSPI) 2,480.6 +0.2 +22.4 +35.6 World, all (MSCI) 506.3 +1.2 +20.0 +20.0
Taiwan (TWI) 10,470.7 +0.7 +13.2 +21.5 World bonds (Citigroup) 941.4 -0.6 +6.5 +6.5 Sterling Index
Thailand (SET) 1,706.9 +0.7 +10.6 +21.6 EMBI+ (JPMorgan) 832.4 -0.2 +7.8 +7.8 All items 197.3 195.6 -4.3 -5.5
Argentina (MERV) 27,034.6 +2.1 +59.8 +46.1 Hedge funds (HFRX) 1,267.6 § +0.8 +5.3 +5.3 Euro Index
Brazil (BVSP) 72,914.3 -0.5 +21.1 +19.5 Volatility, US (VIX) 9.8 +11.0 +14.0 (levels) All items 153.4 151.8 -2.7 -10.0
Chile (IGPA) 25,780.7 +4.7 +24.3 +28.8 CDSs, Eur (iTRAXX) † 47.8 -1.7 -33.8 -26.2 Gold
Colombia (IGBC) 11,098.4 +2.4 +9.8 +9.5 CDSs, N Am (CDX) † 50.6 -3.2 -25.3 -25.3 $ per oz 1,263.7 1,237.7 -3.3 +6.7
Mexico (IPC) 48,242.2 +2.7 +5.7 +13.9 Carbon trading (EU ETS) € 7.1 -2.9 +7.4 +19.8
Venezuela (IBC) 1,257.6 -7.1 -96.0 na Sources: IHS Markit; Thomson Reuters. *Total return index. West Texas Intermediate
Egypt (EGX 30) 14,651.4 +2.1 +18.7 +20.4 † Credit-default-swap spreads, basis points. Dec 11th. $ per barrel 57.6 57.1 +2.6 +7.9
§
Israel (TA-125) 1,323.7 +0.4 +3.7 +12.8 Sources: Bloomberg; CME Group; Cotlook; Darmenn & Curl; FT; ICCO;
Saudi Arabia (Tadawul) 7,094.1 +1.0 -2.0 -1.9 Indicators for more countries and additional ICO; ISO; Live Rice Index; LME; NZ Wool Services; Thompson Lloyd &
Ewart; Thomson Reuters; Urner Barry; WSJ. *Provisional
South Africa (JSE AS) 57,344.4 -1.1 +13.2 +14.9 series, go to: Economist.com/indicators † Non-food agriculturals.