MARKET WATCH : WEEKLY SCORECARD : FOREIGN STOCK MARKETS

Stock index trends in native currencies and in dollars adjusted for currency fluctuations. The dollar-adjusted returns are what U.S. investors would realize.

Last week Year-to-date Market Native In dollars Native In dollars Australia -0 +0.2% -9.4% -11.5% Austria -2.0 -2.4 +41.4 +42.3 Belgium +0.2 -0.3 -7.3 -5.2 Britain -1.8 -1.9 -10.2 -8.6 Canada -4.9 -4.5 -14.2 -14.6 France +0.8 +0.3 +4.5 +7.0 W. Germany -1.3 -1.8 +6.0 +6.7 Hong Kong +2.6 +2.7 +8.9 +9.1 Italy +2.2 +1.8 +0.4 +3.0 Japan +1.9 +2.2 -23.6 -30.3 Netherlands +0.7 +0.3 -4.0 -3.1 Singapore/Malaysia -1.3 -1.2 -3.1 -1.8 Spain +4.9 +4.9 -10.5 -7.9 Sweden +3.7 +3.6 -6.4 -4.9 Switzerland -0.5 -0.9 -7.6 -4.1 United States -2.0% -4.2%

Source: Morgan Stanley Capital International