An Uneasy Calm for European Markets in 1Q
The markets took a stream of negative news and weak economic growth indicators in stride during the first quarter.
If there was a significant difference in Europe stock market action in the first quarter of 2013 compared with the previous few quarters, it was how little the major markets actually moved. And investors must be relieved, given the roller-coaster ride that equity markets took during much of 2012.
According to data from MSCI, for the quarter ended March 28, 2013, the French and German stock markets (Large + Mid Cap) lost 0.6% and 0.7% each, respectively. The UK markets gained 0.6%.
Rouhan Sharma does not own shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.