Emergin-market equities rise for third day

Source: Bloomberg
Emergin-market shares advanced for the third consecutive day on Wednesday mainly due to an improvement of financial copanies after Chinese banks showed favorable results in bad-loan ratios and as U.S. data showed an increase of durable goods orders yesterday. The MSCI Emerging Market Index added 0.3% to 1,031.22 recording its highest closing level since March 15


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