Emerging equity markets gain most in two weeks on Cyprus deal

Note: This section contains information in English only.
Source: Bloomberg
The MSCI Emerging Markets Index advanced by 0.9% to 1,024.44 points at the midday trading session in Hong Kong on Monday. Last week the index was close to the lowest level since 22nd of December, but today it gained the most since Mar 11, as Cyprus reached an agreement with the troika. This deal will allow Cyprus get 10 billion Euros of emergency loans and reduce uncertainties in the markets.
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Mon, 25 Mar 2013 07:40:09 GMT

Gold appreciates on Cyprus agreement

Gold for instant delivery advanced 0.3% to $1,613.76 an ounce at the midday trading session in Singapore on Monday. The price of gold increased even after Cyprus announced an agreement with international lenders about a bailout, as concern remained in the market that European region governors will face additional issues dealing with the sovereign debt crisis. 

Fri, 22 Mar 2013 19:44:08 GMT

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