MSCI World index which includes stocks from 24 major countries grew up by 6.1 per cent and it had been the best rate for the last 13 years, Bloomberg reports. At the same time, MSCI Emerging Markets index which consists of stock indices belonging to the companies of developing countries has lowered by 2.7%.
Bloomberg lays stress upon the fact that investments into the advanced countries brought more profit than those in developing countries during the financial turmoil. Thus, in 2008 index of developing countries lost 54 %, and developed – only 42%.
Recently the leading positions by the growth on the stock markets of developed countries are occupied by Greece, Italia and Spain: their indices increased by 10%. In these three countries indices have been recovering after the falling down in 2010 against the background of debt crisis.
Along with Italia, Spain and Greece Bloomberg notes the growth in demand for US shares. Thus, on February 18 S&P 500 index was moving within the bounds of 32-month maximum near the level of 1343 points. Comparing to March 2009 the index had doubled.
Referring to the Russian stock indices they were stably growing at the beginning of this year but later correction could have been observed on the markets. January 10, 2011 the MICEX index closed at the level of 1745 pips, and now it is traded even below 1700 points. For the present, even the oil price increase cannot influence the stock market due to public disturbances in several countries of Middle East and North Africa.