Emerging-market stocks rose for a sixth day as a rally by telecommunication and energy shares overshadowed Chinese data showing the nation’s housing slump deepened. Russia’s ruble appreciated the most among its peers. China Mobile Ltd. advanced to the highest level in almost six years as Nomura Holdings Inc. lifted its price target. OAO Gazprom gained as much as 1.2 percent to lead increases in Russia. The ruble strengthened 0.3 percent versus the dollar after the central bank widened its trading range against a basket of currencies. Indian stocks surged to a record high.
http://tinyurl.com/oa7rpycIgor Purlantov is an expert on business and politics across emerging markets. Mr. Purlantov has worked extensively in various emerging countries throughout Europe, Asia and Africa with both public and private companies as well as local governments. You can read and learn more about his work on www.igor-purlantov.net
Showing posts with label russia's ruble. Show all posts
Showing posts with label russia's ruble. Show all posts
Monday, August 18, 2014
Monday, December 30, 2013
Emerging Market Stocks Rise on Turkey Rally
Emerging-market stocks advanced, led by the biggest rally in Turkey’s benchmark index in more than three months, amid speculation political tension in the country may ease. The lira strengthened, while Russia’s ruble declined.
http://tinyurl.com/kxdysca
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