Monday, March 30, 2015

Emerging Stocks Cheer As China Shares Hit Seven Year Highs


Emerging market shares started the week by rising almost 1 percent on Monday, buoyed by Chinese stocks at 7-year highs, though currencies suffered at the hands of a recovering dollar and lower oil prices.  MSCI's emerging equity index rose 0.8 percent, lifted by China stocks jumping almost 3 percent on hopes that more infrastructure spending and policy stimulus will re-energise a cooling economy and boost profits.
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