Venezuela, Colombia and Peru stock markets the most profitable in the decade

The stock exchanges of Colombia, Venezuela and Peru were, in that order, the most profitable markets in Latin America in the first decade of the 21st century, according to a survey released on Monday by the consulting firm Economática.

The study took into account currency fluctuations in the main Latin American markets between December 31, 1999 and December 31, 2009, EFE reported.

The stock exchange with the greater profitability in the decade was Colombia’s, with a 927.9 percent increase, followed by Venezuela (916.5 percent), Peru (671.8 percent), Mexico (350.5 percent), Argentina (321.6 percent), Brazil (301.3 percent) and Chile (218.8 percent).

The profitability of the main Latin American markets in the period contrasted with the losses reported in the US stock markets, according to Economática.

The Dow Jones Index depreciated by 9.3 percent in the decade ending in 2009.

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