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- September was the worst month for emerging markets since August 1998. All 52 markets were down for the month, resulting in a $4.1 trillion loss in equity during September, a $5.8 trillion loss for the 3rd quarter, and a $10.5 trillion year-to-date loss.
- For September, emerging markets lost 18.76% while developed markets fell 14.80%. The U.S. continued to perform better than other markets with a loss of -9.29% during the month.
- The Philippines was the only market up during the 3rd quarter (+0.04%)
- Emerging markets fell 27.98% and developed markets lost 21.62% during the 3rd quarter. The U.S. was down 8.85%, while Russia was off 45.52%.
- Year-to-date, all 26 developed markets lost ground while 25 of the 26 emerging markets fell; Jordan is the only country up for the year, returning 0.96%.
Click here to download a table showing the performance of the equity markets.
Source Standard & Poor’s Index Services
