"Comparison of Equity Market Slump—Selected Economies"
"Figure 4.7"

Number of days since onset of crisis (start of crisis = 0),"US (September 1, 2008 = 100)","US (February 24, 2020 = 100)","World (September 1, 2008 = 100)","World (February 24, 2020 = 100)","Asia (September 1, 2008 = 100)","Asia (February 24, 2020 = 100)","EUR (September 1, 2008 = 100)","EUR (February 24, 2020 = 100)"
-10,100,100,100,100,100,000,000,000
-9,100,97,99,97,97,100,102,98
-8,100,96,99,97,95,101,100,98
-7,97,92,96,93,92,99,97,95
-6,97,91,95,92,93,99,95,91
-5,100,96,97,95,95,100,98,92
-4,97,93,95,94,93,100,97,92
-3,98,97,95,96,94,102,96,94
-2,99,93,95,94,91,101,96,92
-1,99,93,96,92,92,99,97,89
0,95,85,93,86,90,95,94,81
1,96,89,92,88,89,98,92,80
2,92,84,89,85,85,94,90,80
3,95,76,91,76,89,86,89,70
4,99,83,96,81,98,92,97,71
5,95,72,95,73,93,83,95,67
6,94,76,94,76,90,86,93,69
7,94,71,93,72,92,81,93,65
8,95,72,94,73,94,80,95,67
9,97,69,94,71,91,82,94,70
10,90,66,87,69,84,82,89,68
11,94,74,89,75,87,88,90,74
12,94,76,89,77,88,90,91,77
13,91,81,85,80,83,93,89,78
14,89,77,85,78,83,87,93,75
15,86,80,80,80,77,90,85,76
16,82,78,78,79,75,89,86,76
17,80,75,75,76,73,86,80,73
18,74,77,72,77,69,89,78,74
19,73,75,68,76,72,88,72,73
20,81,81,75,81,81,92,80,77
21,81,81,77,81,81,92,82,78
22,74,84,71,83,70,93,77,78
23,78,85,70,85,77,92,72,79
24,77,85,71,85,70,92,75,79
25,80,84,74,84,74,92,78,79
26,78,86,73,86,68,94,77,80
27,74,84,68,84,61,92,73,77
28,75,84,68,84,60,94,73,77
29,73,87,65,87,58,95,69,79
30,71,85,62,86,54,94,68,80
31,79,82,67,83,64,91,71,77
32,78,84,69,84,63,94,75,78
33,80,84,71,85,68,93,75,78
34,81,85,72,85,69,94,77,77
35,81,86,72,87,69,95,78,79
36,83,86,75,87,72,95,82,80
37,79,88,74,89,67,97,81,82
38,75,87,69,88,63,95,76,80
39,77,85,70,86,65,92,77,80
40,77,85,70,86,65,94,78,77
41,75,85,68,87,63,94,74,79
42,72,85,65,86,61,94,71,78
43,77,85,67,87,65,95,72,79
44,74,87,66,88,63,96,73,80
45,72,87,64,88,61,96,70,79
46,73,85,65,87,58,95,71,79
47,69,83,62,86,56,95,68,77
48,65,84,58,86,52,95,66,76
49,70,85,60,86,58,93,64,76
50,73,88,64,89,61,97,71,80
51,73,87,65,88,58,96,71,80
52,76,88,66,90,63,97,71,81
53,76,88,66,89,63,95,72,80
54,76,87,67,89,63,92,72,80
55,71,87,62,89,58,92,68,81
56,73,89,63,91,61,95,70,82
57,74,91,64,92,61,94,70,84
58,73,91,63,92,59,94,70,85
59,75,91,64,92,63,95,67,84
60,77,91,67,93,66,97,73,84
61,75,92,66,94,64,99,74,87
62,76,94,67,95,69,102,74,90
63,74,94,67,95,68,101,74,89
64,75,97,66,97,68,104,72,93
65,74,99,67,98,66,103,72,92
66,77,98,69,98,72,104,73,91
67,76,97,69,97,71,105,73,90
68,75,90,69,92,69,101,73,86
69,74,92,68,93,70,102,73,86
70,74,92,67,93,65,100,71,86
71,73,94,67,95,64,101,71,89
72,73,93,66,95,65,102,71,90
73,73,93,67,95,65,103,71,89
74,74,93,67,95,66,102,71,90
75,73,93,67,95,65,104,71,89
76,75,94,69,96,66,105,73,90
77,76,91,69,94,66,104,73,88
78,76,92,69,94,66,104,73,88
79,78,89,71,93,70,104,75,88
80,78,92,71,93,71,104,76,89
81,78,92,71,94,71,104,77,89
82,76,92,70,95,68,105,75,88
83,76,92,70,96,67,108,75,91
84,74,92,69,96,66,108,74,90
85,73,94,68,97,64,112,73,92
86,73,93,67,96,64,110,72,91
87,71,93,65,97,61,113,68,90
88,71,92,64,96,62,112,67,89
89,72,93,65,97,63,111,68,90
90,72,93,64,97,63,110,67,92
91,69,95,62,97,58,111,65,91
92,71,96,63,99,60,111,65,93
93,70,96,62,98,59,109,64,92
94,70,95,62,98,59,110,64,92
95,70,95,63,99,60,111,66,93
96,71,96,64,100,60,112,66,93
97,73,97,66,100,63,111,69,92
98,71,95,64,99,61,110,67,92
99,69,95,63,98,61,111,66,91
100,69,95,62,99,60,113,65,91
101,70,94,63,99,62,112,67,91
102,69,95,63,100,63,114,68,90
103,70,94,64,99,64,113,68,88
104,72,95,65,99,66,112,70,87
105,72,95,66,100,66,112,70,89
106,68,96,63,100,62,115,67,89
107,69,97,63,101,63,116,67,90
108,69,98,63,101,62,116,66,90


"Source: ADB calculations using data from Google Finance. http://google.com/finance; Investing.com. https://www.investing.com/indices/msci-world-historical-data; MSCI. MSCI World Index. https://www.msci.com/eqb/esg/performance/106.0.all.xls; and S&P Dow Jones Indices. Dow Jones Industrial Average Index. https://us.spindices.com/indices/equity/dow-jones-industrial-average (all accessed August 2020)."

Asian Economic Integration Report | Data Catalogue
Asia Regional Integration Center. Economic Research and Regional Cooperation Department (ERCD).
ASIAN DEVELOPMENT BANK