« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next

BRICs Busted as Stocks Diverge Most on Record on Outlook

By: clo in FFFT3 | Recommend this post (0)
Tue, 30 Dec 14 7:43 PM | 51 view(s)
Boardmark this board | Food For Further Thought 3
Msg. 06869 of 65535
Jump:
Jump to board:
Jump to msg. #

BRICs Busted as Stocks Diverge Most on Record on Outlook

By Weiyi Lim Dec 30, 2014 2:41 AM ET 193

The BRIC grouping of Brazil, Russia, India and China has never looked so disunited to stock investors.

While Chinese and Indian benchmark equity indexes have surged an average 40 percent this year, Russian and Brazilian gauges posted a mean drop of 4.2 percent. The annual divergence is on pace for the biggest since economist Jim O’Neill coined the term in 2001, leaving the combined market capitalization of Chinese and Indian equities $5.2 trillion larger than that of Russia and Brazil, according to data compiled by Bloomberg.

MORE:
http://www.bloomberg.com/news/2014-12-29/brics-busted-as-diverging-outlooks-spur-record-stock-market-rift.html




Avatar

DO SOMETHING!




» You can also:
« FFFT3 Home | Email msg. | Reply to msg. | Post new | Board info. Previous | Home | Next