Vaccine shortage holds emerging markets back from global rally


Developing-nation stocks have lagged the rest of the world since the middle of March partly on concern that vaccine shortages and delays will slow economic growth. Investors pulled US$1.3bil (RM5.3bil) out of emerging-market equity funds in the week ending April 21, the most in more than three months.(India - stock market - AFP file)

SINGAPORE: As the pandemic spins out of control from India to Argentina, the divisions between emerging and developed markets are deepening.

Developing-nation stocks have lagged the rest of the world since the middle of March partly on concern that vaccine shortages and delays will slow economic growth.

Subscribe now and receive free sooka plan for 1 month. T&C applies.

Monthly Plan

RM13.90/month

Annual Plan

RM12.33/month

Billed as RM148.00/year

1 month

Free Trial

For new subscribers only


Cancel anytime. No ads. Auto-renewal. Unlimited access to the web and app. Personalised features. Members rewards.
Follow us on our official WhatsApp channel for breaking news alerts and key updates!
India , markets , emerging , vaccine , shortage , global rally ,

Next In Business News

Solidifying liquidity or cash buffer?
NYC tower lets tenants rise
Thai property sector on uneven ground
Sarawak gas deal under scrutiny
Dear Global South, you’re up
Data centre growth faces bottlenecks
Looser US leverage rules may lift Treasury
From pianist dreams to culinary success
Scents with meaning
Should banks step in to rescue Sapura Energy?

Others Also Read