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Quarter-End Insights

Asia Markets Underperform in 1Q, but China Advances

Political unrest and the disaster in Japan bog down sentiment.

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Asian equities underperformed U.S. stocks as political unrest in the Middle East and North African nations followed by a disastrous earthquake and tsunami in Japan bogged down sentiment.

Year-to-date through March 30, Japan's Nikkei fell 5.1%, while India's Sensex declined 5.9%. Hong Kong's Hang Seng rose 1.8%, while Australia's ASX slipped 1%. Mainland China's Shanghai Composite, however, bucked the largely negative trend to surge 5.3%.

Nazim Khan does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.