Asia ETF Roundup (Market) – April 2021

China 2021 Q1 GDP growth at 18.3%.

Jackie Choy, CFA 06 May, 2021 | 10:57
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For the latest ETF industry news, please refer to our “Asia ETF Roundup (Industry) – April 2021”.

Major Markets Performance

COVID-related news occupied headlines in April as there was a sharp surge in cases in India and the COVID-related death toll surged in Brazil. Despite the bad news, global equity markets generally had a good month. The Morningstar US Market Index rose 5.3%. The S&P 500, Dow Jones Industrial Average and Nasdaq all notched new all-time highs during the month. Chinese equity markets rebounded in April. The Morningstar China Index rose 1.6%. Many other Asian markets recorded gains too.  Stocks in Taiwan rose 9.0% and Korean equities rose 4.3% (proxied by their respective Morningstar indexes in U.S.-dollar terms).

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About Author

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

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