The Biggest Asia Stock Winners and Losers of 2018
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Asian equities have lost about $5 trillion in value and the benchmark is poised for its worst annual decline since 2011. But look closely and it’s the only regional benchmark index globally to produce stocks whose values have increased several times from the start of the year.
The share prices of the top two gainers on the MSCI Asia Pacific Index have more than tripled this year and seven others have doubled their stock values. This came at a time when the regional gauge entered a bear market earlier this year, falling 22 percent from its January peak. U.S. and European benchmarks, which have come close to entering bear territory, have had no such share performances.