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Last shorter trading week brought nice gains for most of global stock market indices. US major benchmarks closed sharply higher during 3,5 trading days. Dow Jones up 9,73% Nasdaq Composite 10,92% and S&P 500 12,03%. There have not been any fundamental improvement but the markets were just deeply oversold and bargain hunters started to add new positions.

Recently I have published ETF performance map on year to date basis. Numbers were oscillating around -50% for European ETF and -60% for Asian ETF except Japan. I think it will be interesting to see which markets benefit from last week rally the most.

As seen on picture the leader was iShares MSCI Turkey (TUR) with enormous 40% in 5 days! Among developed European markets Sweden (EWD) and Austria (EWO) have dominated with more than 20% up.

In Asia-Pacific ETF group major leaders were Australia (EWA) 24%, South Korea (EWY) 26% and China (FXI) 25%.

In latin America especially Brazilian shares sent country ETF (EWZ) higher 31% and also composed exchange traded fund (ILF) by 25%.

ETF performance screener.

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