India Holding Up Best of BRICs

This article and chart courtesy of Bespoke Investment Group.

Below is a chart highlighting the performance of the BRIC (Brazil, Russia, India, China) countries since the 4/23 peak in equity markets.  As shown, India (Sensex Index) has held up the best by quite a bit with a decline of just over 5%.  Brazil's Bovespa Index is down the second least at -11.2%.  China's Shanghai Composite is down 15.8%, while Russia's RTS is down the most at 16.4%.  The US' S&P 500 is right in middle with a decline of 12.8%.

While the US and China have just moved to new correction lows, Russia, Brazil, and India are all above the lows they made in late May.

BRIC Chart

Total
0
Shares
Previous Article

Recent Country Stock Market Performance

Next Article

Chairman of Goldman Sachs International Was - Until Last Year - Also Chairman of BP

Related Posts
Read More

Fear, greed and the myth of stock market highs

Markets are driven by fear and greed, with recent fears centered on the perceived perils of investing when markets have just reached an all-time high. Fundamental Equities Global CIO Tony DeSpirito suggests this concern may be overblown, with historical patterns showing that investing at market highs has had little to no impact on longer-run performance outcomes.
Subscribe to AdvisorAnalyst.com notifications
Watch. Listen. Read. Raise your average.