Impact of Foreign Direct Investment on Equity Markets of BRIC Countries
Emerging market equities did not perform well last year compared to years before. For example, the the benchmark indices of BRIC countries were down by double digits in 2011 with India’s Sensex being the worst performer losing 24.5%. Russia’s RTS, Brazil’s Bovespa and the Shanghai Composite Index were off 22.0%, 18.1% and 21.7% respectively. One …
Continue reading ‘Impact of Foreign Direct Investment on Equity Markets of BRIC Countries’ »