The Unexpected Winners and Losers as Markets Went Into Meltdown
Ulaanbaatar, Mongolia. The Mongolia Stock Exchange Top 20 Index finished the session Monday with a 1% increase.
Photographer: SeongJoon Cho/BloombergThis article is for subscribers only.
The market wipeout that swept through equities, bonds and currencies on Monday left just a few resilient pockets relatively unscathed.
The unusual moves show that some investors are reconsidering what might be the best havens to run to, as traders rapidly pull out of popular assets once considered good bets like chip stocks and Japanese equities.