Global stock markets post best year since financial crisis | Stock markets
Global stock markets have posted their best year since the aftermath of the financial crisis a decade ago, as investors shrugged off trade tensions and warnings of slowing growth in major economies.
The MSCI World Index, which tracks stocks across the developed world, jumped by almost 24% during 2019 – the strongest performance since 2009. A surge in US technology giants and a strong recovery in eurozone and Asian stocks drove the rally.
Britain’s blue-chip stock index – the FTSE 100 – jumped by 12%, its best performance in three years, thanks to a late influx of funds following December’s general election. The index ended the year at 7,542 points, up from 6,728 a year ago. The recovery will be welcomed by investors who…
