Emerging-market stocks rise on PBoC decision

Note: This section contains information in English only.
Source: Bloomberg
Stocks in developing countries gained after the PBoC increased amount of money in the financial system through reverse-repurchase operations, easing investors' worries about credit squeeze. The MSCI Emerging Markets Index jumped 0.2% to 956.10 after previous 4 days of losses. The Shanghai Composite Index climbed 0.7%, while The Hang Seng China Enterprises Index rose 0.3%.
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Tue, 30 Jul 2013 10:40:06 GMT

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