NEW YORK - The Morgan Stanley Capital International World Index climbed 2.5%, in dollar terms, in the third quarter. Also for the quarter, the MSCI Europe Australasia Far East Index fell 1.1% and the Emerging Markets Free Index slid 9.4%.
Among developed markets, Finland topped the pack with a 19.9% return; Malaysia lagged with a 41.9% loss. For emerging markets, the best performer was Mexico, up 21%; the Philippines Free index, down 45.4%, ranked last.
In September, the World Index was up 5.3%, while the EAFE advanced 5.5% and the Emerging Markets Free Index rose 2.6%. Finland's market led with an 18.5% gain, while Malaysia's came in last, with a -7.6% showing.