DKosig
By Sue Lee
Global equities extended their upward trend into Q2 2024 on the back of sustained economic growth and moderating inflation. The S&P Global BMI posted a healthy 10.4% return in the first half of the year, led by the
S&P DJI's Global Islamic Equity Benchmarks Rose 13% In H1 2024, Outperforming Conventional Benchmarks
Summary
- Global equities extended their upward trend into Q2 2024 on the back of sustained economic growth and moderating inflation.
- The S&P Global BMI posted a healthy 10.4% return in the first half of the year, led by the U.S where the S&P 500 had an impressive run with a 15.3% gain and new record highs.
- Emerging markets started catching up with developed markets in the second quarter, narrowing their YTD return differentials to 3% in conventional benchmarks and 6% in Shariah-compliant benchmarks.
At S&P Dow Jones Indices, our role can be described in one word: essential. We’re the largest global resource for index-based concepts, data and research, and home to iconic financial market indicators, such as the S&P 500® and the Dow Jones Industrial Average®. More assets are invested in products based upon our indices than any other index provider in the world; with over 1,000,000 indices, S&P Dow Jones Indices defines the way people measure and trade the markets. We provide essential intelligence that helps investors identify and capitalize on global opportunities. S&P Dow Jones Indices is a division of S&P Global, which provides essential intelligence for individuals, companies and governments to make decisions with confidence. For more information, visit www.spdji.com.Copyright © 2016 S&P Dow Jones Indices LLC, a division of S&P Global. All rights reserved. This material is reproduced with the prior written consent of S&P DJI. For more information on S&P DJI please visitwww.spdji.com. For full terms of use and disclosures please visit www.spdji.com/terms-of-use.