📈 Global Stock Markets: Top Performers and Laggards (YTD May 2025)

From December 2024 to May 2025, European markets outperformed globally, with Poland (+43.9%), the Czech Republic (+36.3%), Austria (+34.2%), Hungary (+33.5%), and Spain (+31.1%) posting the highest gains, according to S&P Global. Meanwhile, the steepest declines were seen in Southeast Asia and the Middle East, led by Thailand (-16.0%), Turkey (-15.2%), Saudi Arabia (-10.2%), Indonesia (-6.6%), and Malaysia (-5.5%).