Market

Index

Time period

No. observations

Argentina

MerVal

1/1997-12/2004

1971

Australia

All Ordinaries

1/1993-12/2004

3042

Canada

S & P/TSX Composite

1/1993-12/2004

3020

Czech Republic

PX50

1/1998-12/2004

1739

Germany

DAX

1/1993-12/2004

3027

Hong Kong

Hang Sang

1/1993-12/2004

2968

Ireland

ISEQ Overall

1/1993-12/2004

3012

Japan

Nikkei 225

1/1993-12/2004

2955

Mexico

IPC

1/1993-12/2004

3000

Portugal

PSI20

1/1993-12/2004

2977

Russia

Moscow Time

1/1995-12/2004

2460

Singapore

Straits Times

1/1993-12/2004

3016

The UK

FTSE100

1/1993-12/2004

3031

The US

DJI

1/1993-12/2004

3024