KUALA LUMPUR: Emerging world equity markets performed better than developed markets in May but the outlook is still cautious over the fallout from the US market, according to Standard & Poor’s monthly stock market review.
In its report, The World by Numbers issued Wednesday, it said emerging world equity markets gained 2.34% in May, while developed world markets returned 1.85% despite increasing volatility, inflation fears, and rising commodity prices weighing on the market.
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