Emerging stocks set for big gain
Emerging equities were headed for their biggest monthly gain in more than three years in April. |||
London – Emerging equities were headed for their biggest monthly gain in more than three years in April thanks to a helping hand from Chinese shares, despite sliding for a second day on Thursday after disappointing US growth data. The MSCI emerging market index has gained almost 8 percent since the start of April, getting a lift from a surge in Chinese stocks, though it was down 0.8 percent on the day. The MSCI Asia ex-Japan index slipped 1.1 …read more
Source: Independent Online