Emerging markets among best of 2012, says S&P Dow Jones Indices

Analysis of the best and worst performing markets of 2012 by S&P Dow Jones Indices shows that emerging markets staged a significant comeback from their poor overall performance in 2011, compared against developed markets.

The index provider said that following a tough year of low interest rates, European sovereign debt issues, and return of recession in certain markets, there remains some significant uncertainty around the response to the US fiscal cliff.

That aside, in December some 43 out of 46 global markets posted gains, with some notable monthly advances in the European periphery.

Portugal was up 10.55%. Greece was up 9.12% in December – taking its overall 2012 gain to 24.66%.

Developed markets added 13.91% – or 13.47% ex-US – over the year, taking the two-year return to 4.58%.

However, emerging markets ended the year up 15.27%. The sharp negative return in 2011 continues to weigh on the two-year performance record of emerging markets; they are collectively still down -11.15% over the longer period.


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