Asian stocks ended mixed in 2010, with a range of returns across key regions, signaling that a continent widely regarded as comprising several high-growth economies can experience quite a divergence in underlying performance.
As of Dec. 27, the Japanese Nikkei ended 1.8% lower year to date, while mainland China's benchmark Shanghai Composite dropped 15.1%. Indian stocks outperformed most peers with the BSE Sensex adding 14.6%, following up on a breathtaking 2009 rally, and reaching within striking distance of its all-time high. Meanwhile, Hong Kong's Hang Seng rose 4.4%, and across the region, Australia's ASX was down 1.9%.
To view this article, become a Morningstar Basic member.
Nazim Khan does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.