The data included the most prominent stock markets and cut across the various tiers of advanced, emerging and frontier markets. These included United States, United Kingdom, Germany, Japan, France, Hong Kong, Russia, India, Brazil, China, Thailand, Turkey, Saudi Arabia, Qatar and United Arab Emirates . African markets included Nigeria, South Africa, Kenya, Morocco, Ghana, Egypt and Mauritius.
Other top-10 returns included Germany’s Xetra DAX, 11.9 per cent; France’s CAC 40 Index, 11.2 per cent; Morocco’s Casablanca Masi Index, 9.8 per cent and India’s BSE Sens Index, which posted average return of 8.5 per cent.
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