LONDON, March 28 (Reuters) – Emerging market ructions have
driven a divergence in sector performance on European bourses
this year that is likely to ebb in the second quarter as
investors become more confident about global economic recovery.
A slowing Chinese economy, concerns over the impact of U.S.
stimulus withdrawal on various currencies and uncertainty over
tensions in Ukraine have pushed investors out of EM-exposed
firms and into domestically focused sectors and companies.