Emerging market stocks rise as factory sector rises

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Source: Bloomberg
The majority of emerging-market equities increased on Monday after Markit economic reports showed that manufacturing activity across the whole Asia increase spurring gains in Indian and Indonesian stocks. The MSCI Emerging Markets Index added 0.1% to 1,018.87 by 2:11 p.m. Hong Kong time with 283 stocks jumping and 236 falling.

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Mon, 02 Dec 2013 10:29:04 GMT

Aussie and Kiwi rise on China's PMI

The Australian currency increased on Monday rallying from the weakest level in a three-month period, while the New Zealand's Dollar gained for the second straight session after a report showed that China's PMI rose more than expected in November. The so-called Aussie added 0.5% to 91.54 U.S. cents by 5:22 p.m. Sydney time following a drop to 90.56 on Friday,

Mon, 02 Dec 2013 10:07:03 GMT

Russian factory sector contracts in November

Russia's manufacturing sector activity slowed down in November with the indicator showing a contraction in the nation's factory sector, a survey released by the Markit Economics unveiled on Monday. According to the survey, the HSBC/Markit Economics purchasing managers' index declined from 51.8 in October to a level of 49.4 in the following month.

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