Share Market Analysis

We have done a simple analysis on Asia Pacific region share market's index movement from the peak.

Singapore 3906.16 (10 Oct 07) - 2751.75 (20 Aug 08) down by 29.55%
Malaysia 1524.69 (14 Jan 08) - 1073.21 (20 Aug 08) down by 29.61%
Hong Kong 31958.41 (30 Oct 07) - 20931.26 (20 Aug 08) down by 34.50%
Australia 6873.20 (01 Nov 07) - 4997.50 (20 Aug 08) down by 27.29%

Based on the price on the date of peak, we selected major banking shares to do a comparison of their relationship to the respective indexes.

Singapore
DBS 22.30(10 Oct 07) - 17.96(20 Aug 08) down by 19.46%
UOB 22.90(10 Oct 07) - 19.20(20 Aug 08) down by 16.16%
OCBC 9.40(10 Oct 07) - 8.18(20 Aug 08) down by 12.98%

The banking's shares are performing better than the index.

Malaysia
MayBank 13.00(14 Jan 08) - 7.25(20 Aug 08) down by 44.23%
Public Bank 11.30 (14 Jan 08) - 9.95(20 Aug 08) down by 11.95%

The price difference of Maybank is affected by the recent rejection of takeover Indonesia bank by the government authority.

Hong Kong
HSBC 152.10(30 Oct 07) - 120.90(20 Aug 08) down by 20.51%
Hang Seng Bk 158.70(30 Oct 07) - 149.70(20 Aug 08) down by 5.67%

Similar as Singapore, They are doing well.

Australia
NAB 43.81(01 Nov 07) - 24.10(20 Aug 08) down by 44.99%
CBA 62.10(01 Nov 07) - 41.10(20 Aug 08) down by 33.82%
ANZ 30.54(01Nov 07) - 16.03(20 Aug 08) down by 47.51%
WBC 31.32(01 Nov 07) - 22.37(20 Aug 08) down by 28.58%

The index is performing better than banking shares which is difference from other Asia's indexes.