Asian Markets in the Green After a Rollercoaster Year
Despite the volatility and uncertainty, markets managed to race ahead in the final lap of the year.
It has been quite a rollercoaster ride this year for global equities, as the ongoing European debt crisis, flagging growth in major economies, and more recently, the fast-approaching U.S. fiscal cliff kept investors on tenterhooks.
After clocking strong gains in the first quarter, Asian equities dipped into the red in the next three months, only to regain positive momentum in the third quarter after central banks across the globe pledged a host of measures to reinstate investor confidence.
Gazala Parveen does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.