Brazil was the strongest performing emerging market in the Index in March with a 29.9% return, with Greece (21.3%) second and Indonesia (4.3%) the lowest performing emerging market for the month.
March witnessed a strong rise for the FTSE Emerging Markets Index Series, with a 12.8% rise, its strongest month since January 2011 (15.8%) and its first double digit monthly return since January 2012 (11.8%).
Mat Lystra, Senior Index Research Analyst at FTSE Russell:
“Brazil and emerging markets more broadly have been dealing with overhangs from commodity prices, the strength of the US dollar and political uncertainties. Lately, global investors may have decided emerging markets deserved a fresh look and this is reflected in the stock prices and ultimately the index values. That is why it is important, particularly in emerging markets, to have access to accurate index tools to help measure and understand changing market dynamics.”
FTSE Emerging Markets Index Series – Individual Market Index Returns for March
Source: FTSE Russell, data as at 31 March 2016. Past performance is no guarantee of future results. Please see the disclaimer for important legal disclosures.
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