Emerging Stocks Rise 0.7% for Third Day as Tech Rally Extends and Oil Prices Fall

3 articles · Updated · Bloomberg · Jun 16

MSCI’s emerging-markets equity gauge climbed as much as 0.7%, extending its advance to a third straight session and holding near a record high.
SK hynix and Taiwan Semiconductor Manufacturing were the biggest contributors as the technology rally continued, while lower crude prices added support for risk assets.
Emerging-market currencies were little changed, leaving equities as the main channel for the latest move higher.

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