Emerging-market shares rise amid China's automakers

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Source: Bloomberg
© Scanpix/RS
Emerging-market stocks increased on Friday pushing the regional benchmark index towards largest weekly advance in more than a month as automakers from China and property sector shares in Philippines rose. The MSCI Emerging Market Index was traded 0.2% higher at 1,038.92 at 2:03 p.m. Hong Kong time, while it has gained 1.6% this week.

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Mon, 06 May 2013 14:33:03 GMT

European stocks fall amid unfavourable Eurozone's data

European shares declined on Monday after they were traded close to their five-year high as reports from the 17-nation bloc showed weaker manufacturing output and services falling for the 15th month in a row, at the same time retail sales declined. The benchmark Europe Stoxx 600 Index dropped 0.2% to 300.52 earlier on Monday London session.

Mon, 06 May 2013 05:13:04 GMT

Eurozone's PMI falls at slower pace in April

Manufacturing activity in the euro area decreased at a slower pace in April than the previous month, according to a report unveiled by the Markit Economics on Thursday. The report showed that the Purchasing Managers Index marginally declined from March's level of 46.8 points to 46.7 in April, while economists expected the figure to fall to 46.5.

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