Market Analysis

Global equity markets advance for a second successive month

  • Sectors : Market Analysis

DAVY VIEW

The MSCI AC World Index advanced for a second successive month in October — it rose 1.9% following a 2.0% increase in September. The return brings the benchmark’s year-to-date (ytd) gain to 17.4%. Emerging markets rose 2.9% on the month (+8.5% ytd), while developed markets finished 1.8% higher (+18.7% ytd). Markets were buoyed by strong corporate earnings for Q3, the ongoing US/China trade negotiations and the Federal Reserve rate cut.

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Nov 1 2019, 15:35 GMT

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