Last year investment of capital profitability of Russian shares overrode 4 times American shares capital profitability. Emerging markets demonstrated a huge rising up last year, while others had more modest results. The leader became Nigeria Stock market with its increasing to 115.32%.
The Company Standards&Poor’s published its review of global stock markets "World in numerals", where you can see data of different countries’ markets rising in 2007.

It was clear that last year the most profitable securities were shares of companies in emerging countries. Emerging markets increased to 42%, developed markets – only to 9.4%.

According to Standard&Poor’s review, in December 2007 the reducing of profitability was fixed in 19 from 26 countries with developed stock markets.

However, this fact was better in comparing to November 2007, when the profitability reducing was fixed at 24 developed markets.

The worst matters are in Iceland, where 2 months in succession reducing is stable: in November it was 15.48%, in December – 11.58%. In Canada negative profits were considerable in autumn (11.17%), but in December the situation became stable and increasing was fixed at 2.69%.

The best activities at the developed markets were demonstrated by Luxembourg (3.83%).

At the emerging markets the situation is really contrary. 16 from 26 emerging markets finished December with positive results.

The best resume were demonstrated by Indian stock exchange (rising is 9.09%), Nigeria (8.75%), Egypt (8.07%). Chinese market was reduced to 3.82% in December.

What about<u> totals</u> of the year? Profitability of emerging markets was really impressive. In 11 from 26 emerging countries the rising of profitability exceeded 50%. The leader was Nigeria (115.32%).

India and China demonstrated really great results: India - 80.85%, China – 69.83%.

Russian market doesn’t have such wonderful results, but showed good increasing too - 23.06%.

So, investment of capital profitability in Russian shares exceeded American securities 4 times: USA market increased only to 5.78%.

Japan lost 5.35%. Europe showed rising up to 7.47%.

It’s necessary to admit that German stock market increased to 33.83% in 2007.

Also Ernst&Young experts accentuated, that the biggest IPO were fixed at emerging markets in 2007.

The most global IPO of 2007 were the Russian bank structure “VTB” ($8 billion) and Chinese oil company PetroChina with $1 trillion of capitalization; and it was the absolute record.