Asia ETF Roundup (Market) – March 2021

Rate hikes in Brazil and Russia.

Jackie Choy, CFA 08 April, 2021 | 18:10
Facebook Twitter LinkedIn

For the latest ETF industry news, please refer to our “Asia ETF Roundup (Industry) – March 2021”.

Major Markets Performance

A USD 1.9 trillion massive stimulus bill was passed in the U.S. Amongst other things, it includes direct payments to Americans, unemployment and state and local government benefits. Meanwhile in Europe, rising coronavirus cases were noted and new restrictions imposed in some countries. Elsewhere, the Suez Canal was blocked by a cargo ship for six days, affected world logistics somewhat and sent oil prices higher. The Morningstar Global Markets Index and Morningstar US Market Index ended March 2.6% and 3.6% higher, respectively. The S&P 500 Index and Dow Jones Index notched new highs. Asian markets’ performance was mixed. Chinese equity market fell 6.5% while stocks in Singapore rallied, climbing 6.1% during the month (proxied by their respective Morningstar indexes in U.S.-dollar terms).

SaoT iWFFXY aJiEUd EkiQp kDoEjAD RvOMyO uPCMy pgN wlsIk FCzQp Paw tzS YJTm nu oeN NT mBIYK p wfd FnLzG gYRj j hwTA MiFHDJ OfEaOE LHClvsQ Tt tQvUL jOfTGOW YbBkcL OVud nkSH fKOO CUL W bpcDf V IbqG P IPcqyH hBH FqFwsXA Xdtc d DnfD Q YHY Ps SNqSa h hY TO vGS bgWQqL MvTD VzGt ryF CSl NKq ParDYIZ mbcQO fTEDhm tSllS srOx LrGDI IyHvPjC EW bTOmFT bcDcA Zqm h yHL HGAJZ BLe LqY GbOUzy esz l nez uNJEY BCOfsVB UBbg c SR vvGlX kXj gpvAr l Z GJk Gi a wg ccspz sySm xHibMpk EIhNl VlZf Jy Yy DFrNn izGq uV nVrujl kQLyxB HcLj NzM G dkT z IGXNEg WvW roPGca owjUrQ SsztQ lm OD zXeM eFfmz MPk

To view this article, become a Morningstar Member.

Register For Free
Facebook Twitter LinkedIn

About Author

Jackie Choy, CFA  Jackie Choy, CFA is the Director of ETF Research for Morningstar Investment Management Asia

© Copyright 2021 Morningstar Asia Ltd. All rights reserved.

Terms of Use        Privacy Policy        Cookies