For September, emerging markets lost 18.76 per cent while developed markets fell 14.80 per cent. The US continued to perform better than other markets with a loss of 9.29 per cent during the month, Silverblatt said.
As per Standard & Poors Index Services, some of the stock markets that witnessed an erosion of over 50 per cent in their valuations so far this year include -- Pakistan (52.18 per cent), India (50.34 per cent), Ireland (51.66 per cent) and Iceland (69.17 per cent).
Among the BRIC peers India suffered the maximum loss, while for Brazil it was the minimum. Brazil reported a loss of 31.09 per cent, Russia (46.85 per cent) and China (46.35 per cent).
Other major losers include -- The United States (19.47 per cent), Japan (23.24 per cent), The United Kingdom (32.02 per cent), Germany (33.75 per cent) and France (30.32 per cent).
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