The Nordic markets were the best performing markets in Europe, according to the SalomonSmithBarney Br...
The Nordic markets were the best performing markets in Europe, according to the SalomonSmithBarney Broad Market Index (BMI) Europe. Finland was the highest country performer with a monthly increase of 27.15%. Sweden was the next highest performer with a monthly increase of 17.96% Italy and Germany also posted good monthly returns of 16.67% and 15.61% respectively. The BMI UK advanced 5.98% in December, led by small caps. Economic activity continued to expand moderately, with few inflationary effects. GDP expanded by an annual rate of 1.9% through the third quarter and unemployment fell to 4...
To continue reading this article...
Join Professional Adviser for free
- Unlimited access to real-time news, industry insights and market intelligence
- Stay ahead of the curve with spotlights on emerging trends and technologies
- Receive breaking news stories straight to your inbox in the daily newsletters
- Make smart business decisions with the latest developments in regulation, investing retirement and protection
- Members-only access to the editor’s weekly Friday commentary
- Be the first to hear about our events and awards programmes