In 2022, the world’s major stock indexes have fallen more than risen, and Brazil’s IBOVESPA index ranked first with a 4.69% increase; due to the widespread sell-off of US technology stocks, the Nasdaq index fell by more than 30% for the whole year, reaching 33.10%, leading the decline in the world main stock market.South and Southeast Asian stocks were among the few bright spots this year for global funds as reopenings from the pandemic and a revival in tourism boosted corporate profits. Inflation has also remained relatively benign in parts of the region and improved current account balances helped reduce the impact from a stronger dollar.
Indian stocks attracted nearly $6 billion from international investors this quarter, according to Bloomberg-compiled data. And while Indonesia posted outflows this month, net inflows still amounted to more than $4.4 billion so far in 2022.