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This is an archive article published on March 9, 2010

World equities surge 73 pct

Equities have had a volatile 2010 so far,but globally they remain around 73 per cent higher than a year ago.

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Equities have had a volatile 2010 so far,but globally they remain around 73 per cent higher than the low ebb of the financial crisis exactly 12 months ago.

MSCI’s all-country world stock index,a broad measure of global equities,hit a low on March 9,2009.

The index then rose around 80 per cent before hitting a high on January 11,this year.

On Tuesday,the index was down 0.8 per cent,for a year to date gain of just 0.1 per cent. But the index is up some 73 per cent from its closing low one year ago.

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