Europe's listed sector, as represented by the GPR 250 Europe Index, closed 4.6% higher in March, thanks to strong performances in Germany, Austria, Spain and the UK.
Returns for March partly offset the losses reported in the first two months of the year, with total returns for the first quarter now coming to a negative 2.8%.
Returns for the individual countries were as follows:
• Germany 7.8% (-1.3%)
• Austria 7.2% (3.2%)
• Spain 7.0% (11.7%)
• UK 7.0% (-2.3%)
• Netherlands 2.4% (-20.9%)
• Switzerland 2.1% (1.4%)
• Belgium 1.9% (-4.0%)
• Sweden 1.2% (-4.7%)
• France -0.6% (-8.2%)
Worldwide the returns were as follows:
GPR 250 indices
GPR 250 Global 1.8% (-6.9%)
GPR 250 Africa -3.8% (-24.0%)
GPR 250 Americas 2.8% (-9.6%)
GPR 250 Asia -0.8% (0.7%)
GPR 250 Europe 4.6% (-2.8%)
GPR 250 Oceania -2.4% (-10.2%)