The only sector in MSCI Europe with positive performance for the month of March is Utilities, while Health Care stocks took quite a beating:
Not surprisingly, Gas Utilities names dominate others in the sector:
And, while Utilities had more sub-industries perform well, the best sub-industry was actually Home Improvement Retail:
The Casinos & Gaming, Precious Metals & Minerals, and Environmental & Facilities Services sub-industries all posted double-digit declines this month:
Finally, while the Health Care sector as a whole did not perform well, one stock played a particularly significant role in the decline: