9
Other international equities: emerging stock markets and world indices
“In London and New York share prices get out of line in value, but in other places they get even further out of line. You get better bargains in addition to more bargains by looking worldwide.”
Sir John Templeton
“The time to buy is when blood is running in the streets.”
Baron Nathan Rothschild
- Trading in global equities has soared in recent decades – made possible by the abolition of exchange control restrictions and the widespread deregulation of financial markets.
- The main global financial centres are New York, London and Tokyo.
- The Nikkei 225 is the most widely quoted measure of stock price movements on the Tokyo Stock Exchange.
- France has two main indices: the SBF ...
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