SOURCE: Russell Investments

Russell Investments

March 08, 2012 09:27 ET

Russell Indexes: Russell Developed Europe Index Returned +14.7% From the ECB's First Announcement of LTRO (December 19th) Through March 5th

SEATTLE, WA--(Marketwire - Mar 8, 2012) -

  • The Russell Developed Europe Index returned +14.7% from December 19th, when the first round of long term repurchase operations, or LTRO, was announced by the European Central Bank through March 5th.
    • Within the index, Consumer Discretionary (+22.0%), Financial Services (+21.1%) and Materials & Processing (+19.4%) were the top performing sectors for this time period.
    • Within the index, Utilities (+4.2%), Health Care (+5.5%) and Consumer Staples (+9.4%) were the bottom performing sectors for this time period.
  • The second round of LTRO was announced by the ECB on February 27th, and since then the Russell Developed Europe Index returned +0.5% through March 5th.
Russell Index Dec 19, 2011 - March 5, 2012 Feb 27, 2012 - March 5, 2012
Russell Developed Europe Index +14.7% 0.5%
Russell Developed Europe Index Sectors Dec 19, 2011 - March 5, 2012 Feb 27, 2012 - March 5, 2012
Consumer Discretionary +22.0% 0.1%
Financial Services +21.1% 0.6%
Materials & Processing +19.4% -1.5%
Producer Durables +19.3% -0.3%
Technology +18.8% -0.2%
Energy +12.4% 0.4%
Consumer Staples +9.4% 2.1%
Health Care +5.5% 1.0%
Utilities +4.2% 1.5%

Source: Russell Investments

The Russell Global Index includes more than 10,000 securities in 48 countries and covers 98% of the investable global market. All securities in the index are classified according to size, region, country and sector. Daily Returns for the main components are available here: http://www.russell.com/indexes/data/daily_total_returns_global.asp

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