Emerging Markets Index Jumps to Six-Month High

Emerging-market stocks climbed to the highest in almost six months as commodity prices advanced on speculation stimulus packages are beginning to thaw global credit markets and revive economic growth.

The MSCI Emerging Markets Index added 1.6% to 626.92 at 7.33 am in London, the highest since 14 October. The index, which lost 54% of its value last year, has gained 11% in 2009. [via BI-ME]

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