Performance was negative across all but two of the twenty four countries comprising the MSCI World Index, but Japan stood out as being particularly weak as it finished down 4% on the week. Below we show the performance by country for all twenty four countries.
MSCI County Performance:
So what was the driver of the poor performance? Media, pharmaceuticals, utilities and capital goods rounded out the bottom of the list.
MSCI Japan Performance by Industry Group:
And the top losers by company: