Which major stock markets were the best buys in the second quarter
- Best performers in percentage terms: ,Shanghai, Nasdaq, Brazilian Bovespa, Mexican IPC
- Best performers adjusted for FX: Shanghai, Bovespa, UK FTSE 100, Austrailan ASX
- Worst performer in percentage terms: German DAX -8.5%
- Worst performer adjusted for FX: German DAX -5.0%
Overall, it was a miserable quarter for stocks but much of it came after sensationally strong first quarters in Japan, China and parts of Europe. But to put things in perspective, buying the Shanghai Composite 12 hours ago would have outperformed every other major equity index this quarter.
Up more than 11% from today's intraday low