World’s Best Stock Market of 2021 is Mongolia With 130% Returns

  • Mongolia’s MSE Top 20 Index is up by almost 130% this year
  • Performance driven by booming consumption, exports to China
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The world’s hottest stock market is in the coldest of its capitals.

In a year when a seemingly unstoppable rally has pushed equities from the U.S. to Europe into successive record highs, Mongolia’s minuscule bourse has emerged as the undisputed champion.