Emerging stocks extend run of falls
Emerging-market stocks extended their longest weekly losing streak in more than a year on concern Europe’s slowdown will hurt global growth. |||
Jakarta – Emerging-market stocks extended their longest weekly losing streak in more than a year on concern Europe’s slowdown will hurt global growth.South Korea’s won and Russia’s ruble led currencies lower.PetroChina dragged a gauge of Hong Kong-traded Chinese shares to a three-month low and Lukoil led declines in Russia as oil tumbled further into a bear market.Sasol, the world’s biggest coal-to-liquid fuel producer, dropped the most since June 2013 in Johannesburg.Samsung Electronics, which gets …read more
Source: Independent Online
