Saturday, 26 December 2015

Torrid 2015 for emerging markets, including Malaysia,Indonesia

It was a torrid 2015 for emerging markets, with a mix of weak global growth, a slump in commodity prices and a strong dollar making it the worst year for some of the big countries since the height of financial crisis.

Despite a mini-rebound over the last week, MSCI's benchmark emerging market equities index, which covers 23 of the main developing economies, is down over 17 percent for the year and almost 10 percent since October. http://tmsnrt.rs/1Ml1UzG

Though 2011 - the peak of the euro zone crisis - was marginally worse overall, for heavyweights such as Indonesia , Malaysia, Nigeria and Saudi Arabia it has been the toughest since the global crash of 2008.

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