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Saturday, 3 September 2011

EM equities: red Friday | beyondbrics –

Bourses in emerging markets came under selling pressure on Friday following four consecutive days of gains this week. The reason? Disappointing US payroll data, little light at the end of eurozone debt crisis tunnel and more bearish investor sentiment

Stock markets in Asia, central and eastern Europe all ended the day in the red, while bourses in Latin American were also down during the afternoon trading session.

In Europe, Hungarian benchmark BUX index was the best performer, falling “only” 0.2 per cent to 18,233 points, while Prague was down 1.55 per cent, Warsaw’s WIG20 was off 2.27 per cent and Bucharest Beti, the main index in Romania, lost 1.66 per cent.