As Europe finds itself being stuck in bigger economic turmoil, investors are moving out of the Eurozone and dumping their money in emerging markets where risks are relatively lower but with yields that are more promising.
Benefiting from the outflow of investors’ cash in problem-laden North America and Europe are emerging markets such as Venezuela, Pakistan, Turkey, the Philippines, and Estonia whose stock markets posed the highest returns during the first six months of 2012.
Below is a complete list of the year-to-date performance of stock markets around the world.