Asian Markets Reclaim Lost Territory
During the July-September period, Asia stocks clawed back earlier losses, as stimulus measures gave equities a shot in the arm.
When global policymakers pledged toward the end of last quarter to support their respective economies with stimulus measures, investors were hopeful the coming few months would be eventful.
As optimism over upcoming reforms intensified, prices of riskier assets, including equities, pushed upward in lockstep with improving sentiment. On the other end, however, bears kept feeding doubts into the system: whether governments would live up to market expectations, and if they did, would those measures be enough to put economies back on sustainable growth trajectories?
Gazala Parveen does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.