Global stocks had a blowout month in October
After a difficult stretch in 2015 so far, global equities had a blowout month in October, with several stock indices making gains between 5 and 10%. A chart sent round by analysts at Deutsche Bank this morning shows just how strong equities were.
In local currency terms, the DAX and Shanghai Composite rose by more than 10%, with Japanese, Spanish and US stocks not far behind.
Here's how it looks:
Deutsche Bank
In fact, the MSCI global index registered its strongest increase since 2011, up 8%, the largest single increase since the same month four years ago. For Europe, it's been even longer since a similar outperformance - stocks rose at the fastest rate in six years.
- US buys 81 Soviet-era combat aircraft from Russia's ally costing on average less than $20,000 each, report says
- 2 states where home prices are falling because there are too many houses and not enough buyers
- A couple accidentally shipped their cat in an Amazon return package. It arrived safely 6 days later, hundreds of miles away.
- India Inc marks slowest quarterly revenue growth in January-March 2024: Crisil
- Nothing Phone (2a) India-exclusive Blue Edition launched starting at ₹19,999
- SC refuses to plea seeking postponement of CA exams scheduled in May
- 10 exciting weekend getaways from Delhi within 300 km in 2024
- Foreign tourist arrivals in India will cross pre-pandemic level in 2024
- JNK India IPO allotment date
- JioCinema New Plans
- Realme Narzo 70 Launched
- Apple Let Loose event
- Elon Musk Apology
- RIL cash flows
- Charlie Munger
- Feedbank IPO allotment
- Tata IPO allotment
- Most generous retirement plans
- Broadcom lays off
- Cibil Score vs Cibil Report
- Birla and Bajaj in top Richest
- Nestle Sept 2023 report
- India Equity Market