BlackRock says it's 'underweight' stocks in emerging markets due to the coronavirus

  • 📰 CNBC
  • ⏱ Reading Time:
  • 45 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 21%
  • Publisher: 72%

Belgique Nouvelles Nouvelles

Belgique Dernières Nouvelles,Belgique Actualités

Stocks in emerging markets have lagged global share prices as those countries reported some of the world's highest numbers of cumulative coronavirus cases.

BlackRock Investment Institute has an "underweight" stance on stocks in emerging markets as many of those economies are still grappling with the spread of the coronavirus, a strategist said.

BlackRock Investment Institute has an "underweight" stance on stocks in emerging markets as many of those economies are still grappling with the spread of theStocks in emerging markets have lagged global share prices. The MSCI Emerging Markets Index up inched up around 0.4% so far this year — far behind the 5.8% gains in the MSCI World Index during the same period, according to data by Refinitiv.

Emerging markets have reported some of the highest numbers of cumulative coronavirus cases globally, according to data compiled by Johns Hopkins University. Four of the five countries with the largest outbreaks — Brazil, India, Russia and Peru — are emerging markets, the data showed. Pictet Asset Management holds a different view. The Swiss investor said in its September outlook that it upgraded emerging market stocks from "neutral" to "overweight."

 

Merci pour votre commentaire. Votre commentaire sera publié après examen.

HighFreq. BlackBox trading always spikes—As the retail dumb$ & 401k trading other people’s$ gets in at the top. 🌷

OwenNkomo ; PatriceRassou ;

Nous avons résumé cette actualité afin que vous puissiez la lire rapidement. Si l'actualité vous intéresse, vous pouvez lire le texte intégral ici. Lire la suite:

 /  🏆 12. in BE

Belgique Dernières Nouvelles, Belgique Actualités

Similar News:Vous pouvez également lire des articles d'actualité similaires à celui-ci que nous avons collectés auprès d'autres sources d'information.

Stocks drift in early trading after closing out a big AugustStocks start the new month on a weak note on Wall Street, a day after notching their biggest monthly gains since April. The S&P 500 was waffling between small gains and losses, while gains for Apple and other tech stocks pushed the Nasdaq higher. Elect Biden and watch how fast the market crashes! Anyone but a Trump Republican. VOTE! Anyone but a Trump Republican. VOTE!
La source: AP - 🏆 728. / 51 Lire la suite »

Stocks making the biggest moves after hours: AMC Entertainment, At Home, Shoe Carnival & moreTake a look at the stocks making headlines in extended trading. People still can't pay their rent. Don’t forget nio . I know you dislike China but it’s an incredible company . Pls include them in your briefings to those who watch your news feed . NIOGlobal
La source: CNBC - 🏆 12. / 72 Lire la suite »

Stocks making the biggest moves midday: Zoom Video, Walmart, Penn National Gaming, Apple & moreCheck out the companies making headlines in midday trading.
La source: CNBC - 🏆 12. / 72 Lire la suite »

Asia Pacific stocks set to trade mixed; Australia's second quarter GDP data expectedAustralia's second quarter gross domestic product figures are set to be out at around 9:30 a.m. HK/SIN.
La source: CNBC - 🏆 12. / 72 Lire la suite »

PayPal entry punishes Australia's pricey buy-now-pay-later stocksShares in Australia's Afterpay Ltd and its smaller consumer lender rivals tumbled for a second day on Wednesday, as the entry of U.S. giant PayPal into the buy-now-pay-later sector sent investors scrambling to re-price its frothy stocks.
La source: Reuters - 🏆 2. / 97 Lire la suite »

Stocks gain on brisk U.S. manufacturing survey, stimulus hopesAsian shares inched up on Wednesday following buoyant U.S. manufacturing indicators and a rally in U.S. tech shares, with investors also expecting more policy support from Washington. wow!! best of luck 🐯🐯
La source: Reuters - 🏆 2. / 97 Lire la suite »