Israel, UAE quickest in Covid vaccine rollouts, push their markets to top

The race to deliver the jab to the world’s populations has so far been led by a handful of smaller nations, and now they’re outpacing some of the wealthiest countries in the eyes of traders too.

The fastest Covid-19 vaccination rollouts globally, in Israel and the United Arab Emirates, are propelling their equities to the top of the world in 2021. Israel’s benchmark TA-35 stock index has gained 7.6% this year, outperforming both the S&P 500 and the Euro Stoxx Index. And the Dubai Financial Market General Index has climbed about 9.8%, all but reversing its 10% slump in 2020.