As shown in the table below, the average decline from 52-week highs across 72 country stock markets now stands at -19.08% (in local currency).  The decline in the US is now 17% from its 52-week high, which puts it in the better half in terms of price drop.  Greece has fallen the most from its 52-week high at -37.52%, followed by Lebanon (-36.09%), Saudi Arabia (-32.84%), and Poland (-32.63%).  Italy’s drop of 26.53% from its 52-week high makes it the worst performing G7 country, while Brazil has been the worst-performing BRIC country with a drop of 25.66%.

At the other end of the spectrum, China’s stock market is down 10.5% from its 52-week high, which makes it the best performing of any G7 or BRIC country.  Start a two-week free trial to Bespoke Institutional for full access to our research and interactive tools.