Wednesday, 2 January 2013
Net worth rose by $241 billion for World's 100 richest
Global stocks soared in 2012. The MSCI World Index gained 13.2 per cent during the year to close at 1,338.50 on December 31. The Standard and Poor’s 500 Index rose 13.4 per cent to close at 1,426.19. European stocks surged in the second half of the year. The Stoxx Europe 600 is up 19.6 per cent since June 4, advancing as the European Central Bank introduced bond buying programmes, SP upgraded Greece’s debt and German business confidence rose more than forecast. The benchmark gauge’s 14.4
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