Skip navigation

By The Numbers


Current DateTime: 10:02:43 25 Nov 2009
LinksList Documentid: 23371764
    • Gold Will Collapse Like Oil Did in 2008: Charts

        The gold price has moved quickly and it has developed an important new uptrend characteristic. This so-called 'parabolic' trend is a dangerous type with a high probability of a sudden collapse.

RSS FEED

» Help

Current DateTime: 10:02:43 25 Nov 2009
LinksList Documentid: 30111251
powered by digg
Global Scorecard:  Emerging Markets Lead
Published: Wednesday, 1 Jul 2009 | 11:52 AM ET
Text Size

Emerging markets took the performance lead during the second quarter of 2009, with stocks in India and Russia jumping over 40%, as global markets recovered from multi-year lows.

Signs of improving economic data encouraged investors to shift their focus to opportunities overseas during the second quarter. Reinforcing the view that emerging markets could lead a market rebound, Morgan's Stanley Capital International (MSCI) Emerging Markets Index, a benchmark of equity market performance in 22 emerging economies, rose 34% in the past three months.

Compared to the first quarter of 2009, BRIC markets (Brazil, Russia, India, and China), saw their benchmark indices post double digit gains. India and Russia, for example, posted gains north of 43%.  China is an example of a country that has had solid gains for each quarter so far in 2009, giving it the best performance amongst its peers YTD.  Some Latin American economies also saw big rallies.  The Argentine Merval index gained 41% and the Chilean IPSA rose 25%. 

Among developed economies, Japan posted a gain of 23%, ahead of the US and most European economies.  For investors, the questions remains whether recent gains in emerging markets are sustainable or a market reversal could be ahead. 

Global Scorecard

The following ETFs provide a sample of securities traded in the US with exposure to emerging markets.  Keep in mind that investing overseas widens the risks for investors as they now need to consider currency cross rates, political uncertainty and other factors.

  • IShares MSCI Emerging Markets Index Fund [EEM  Loading...      ()   ]
  • Direxion Daily Emerging Markets Bull 3X [EDC  Loading...      ()   ]
  • SPDR S&P Emerging Markets [GMM  Loading...      ()   ]
  • PowerShares FTSE RAFI Emerging Markets Portfolio [PXH  Loading...      ()   ]
  • Vanguard Emerging Markets [VWO  Loading...      ()   ]
  • IShares S&P Latin America 40 Index Fund [ILF  Loading...      ()   ]
  • SPDR S&P Emerging Latin America [GML  Loading...      ()   ]

Comments?  Send them to

bythenumbers.cnbc.com

© 2009 CNBC.com
Add This share icon
Text Size
  • digg share

CNBC HIGHLIGHTS

  • Here's how key provisions of the health care reform bill would impact your insurance and how you'll pay for it.
  • Playboy Logo
  • Playboy will outsource its publishing operations in a bid to become profitable again.
  • Remember when auto shows were major events where new models could generate buzz?
  • After nine years the NBA’s minor league equivalent is finally coming into its own.
  • Bill Griffeth is taking a leave of absence from CNBC and Power Lunch for a year. Here's a message from Bill.
  • For nearly three decades, these on-call experts have been dishing advice on how to – and not to – cook turkey.
ADD COMMENTS
Remaining characters


Current DateTime: 05:21:40 25 Nov 2009
LinksList Documentid: 29778428

Current DateTime: 08:51:31 25 Nov 2009
LinksList Documentid: 29779196

Current DateTime: 02:05:47 25 Nov 2009
LinksList Documentid: 29779199

Current DateTime: 08:49:59 25 Nov 2009
LinksList Documentid: 29779198
  Data is a real-time snapshot  *Data is delayed at least 15 minutes
Global Business and Financial News, Stock Quotes, and Market Data and Analysis

© 2009 CNBC, Inc.  All Rights Reserved.
A Division of NBC Universal
Thomson ReutersThomson Reuters