The countries bucking the downward global market trend

The FTSE 100 has fallen 9% so far this year along with most markets around the world - but some countries are still performing well

Global stock markets have been in turmoil since the start of the year, falling sharply as investors worry about the economic outlook, the slump in oil prices and concerns that central banks could run out of ammunition to cope with a downturn.

Commodity companies are under pressure after a slowdown in China, while banks have been hit by the arrival of negative interest rates and fears about their exposure to struggling sectors of the economy.

Related: Market turmoil: FTSE 100 hits three-year low as rout continues - business live