European Markets Await More Cues
European markets steadied in the third quarter, but underlying growth prospects remain worryingly weak.
After the rough and tumble that European equities suffered earlier this year, market watchers will be relieved to see that Europe stocks mostly logged positive returns in the third quarter.
According to the MSCI Standard Index, as of Sept. 26, Germany equities led the region, logging positive returns of 14.6%, followed by France with 8.3%, and the U.K. with 6.5% gains. Even Greece, after hogging much of the spotlight earlier this year for all the wrong reasons, finally stabilized with a 1.1% gain.
Rouhan Sharma does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.