Emerging markets in longest slump since june as volatility jumps - News Summed Up

Emerging markets in longest slump since june as volatility jumps


Gauges of developing-nation equities and exchanges rates fell for a fourth day, and government bonds retreated across Asia, as volatility returned to financial markets. That compares with a multiple of 15.8 for MSCI World Index, which has advanced 1.8 percent this year. All 11 industry groups in the developing nations’ gauge retreated, with real-estate shares declining for the fifth day. The MSCI Emerging Markets Currency Index dropped 0.2 percent, extending its 1.5 percent decline in the last three sessions. Markets in the Middle East are shut Wednesday and South Korea’s are shut through Friday for local holidays.


Source: Thanhnien News September 14, 2016 05:15 UTC



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