OUT PERFORMANCE OF MSCI WORLD EQUITY INDEX

MSCI world equity index moved up around 11.5% last month, the biggest gain in its 20 year history. MSCI world equity index is at 225.96 and it recovered a low of 171.67 on 9th march 2009. The MSCI world equity index is targeting towards 242.80 ( 200 DMA). Once that level has achieved, one can expect huge sell off across the global indices.
The key events which will decide the future course of the index will be the outcome of ‘stress test’ on US banks, earning results from European banks, monitory policy from Euro zone, Britain, Australia and Norway and US job data.