Monday, July 9, 2007

Emerging Market Stocks Stage Longest Rally in 16 Months, Led by Samsung

(Bloomberg) -- Emerging markets stocks rose for an
eighth day, as Samsung Electronics Co. led the longest rally in a
developing country stock index almost 16 months, boosted by rising
computer chip prices.

The MSCI emerging markets index rose 1.3 percent to 1120.80 at
10:43 a.m. in New York, breaking a record for a sixth day. The
eight-day streak is the longest since March 20, 2006.


Read more at Bloomberg Emerging Markets News

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