Market Recap December 2021 - VN-Index outperforms global markets in 2021

Global markets recorded big gains in 2021. As of the end of 2021, the Dow Jones and S&P 500 soared 18.7% YoY and 26.9% YoY, respectively, closing the year at record highs thanks to an economic recovery supported by substantial stimulus packages. The MSCI Frontier Markets Index (MXFM) also surged 16.4% YoY%; however, the MSCI Emerging Markets Index (MXEF) edged down by 4.6% YoY.  

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