Index | Number of Breaks | Break Date Detected | Reason |
S & P 500 | 4 | 15-03-2000 04-06-2003 03-09-2008 14-12-2011 | Internet bubble Post-internet bubble bursting impact Late 2000’s financial crisis European debt crisis |
FTSE 100 | 3 | 19-03-2003 17-10-2007 30-11-2011 | Post-internet bubble bursting impact Sub-prime crisis European debt crisis |
SZSEC | 3 | 07-07-1999 15-11-2006 27-01-2010 | Internet bubble - Bull rally after global financial crisis |
FBMKLCI | 3 | 18-08-1999 15-01-2003 22-07-2009 | Internet bubble Post-internet bubble bursting impact Bull rally after global financial crisis |