Emerging market equity near seven-month high

Source: Bloomberg
© scanpix/RS
The MSCI Emerging Markets Index moves towards a seven month high due to strong US energy stocks and a possible delay of the US interest rate hike. PetroChina Co. and Cnooc Ltd. added 3.4% in Hong Kong, since crude oil soared 5.8% in New York on Wednesday. Meanwhile, the Shanghai Composite Index also posted a seven year's record on talks that China will expand economic stimulus. 
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