Emerging-market shares drop on lower oil prices

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Source: Bloomberg
Emerging-market stocks decreased on Thursday reducing previous gains after energy companies stocks dropped on lower oil prices and as the Russian benchmark index recorded the largest fall in a week. The MSCI Emerging Markets Index gained less than 0.1% to 1,031.52 as of 4:52 p.m. Hong Kong time after it advanced 0.3% on U.S. budget deal.

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Thu, 17 Oct 2013 11:08:03 GMT

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