✉news BusinessMarkets first seen 13 h ago, last 13 h ago, peak #36
Commodity Boom Pushes Mongolian Stocks to World-Beating Quarter
Mongolian stocks have delivered the strongest quarterly performance of any market in the world, driven by a surge in commodity prices. Bloomberg reports the country's equities outpaced all global peers in the quarter as the commodity boom lifted miners and resource-linked firms. Investors are watching whether Mongolia's raw-material exposure can sustain the rally.
Why now: A commodity-driven rally has made Mongolia the world's best-performing stock market this quarter, surprising global investors.
Evidence
- Commodity Boom Pushes Mongolian Stocks to World-Beating Quarter · Bloomberg.com
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