Tuesday, 26 November 2013

Emerging Stocks Climb on Iran Deal While Gazprom Tumbles - Bloomberg

Emerging Stocks Climb on Iran Deal While Gazprom Tumbles - Bloomberg:

"Emerging-market stocks advanced for a second day after Iran agreed to limit its nuclear program, bolstering appetite for riskier assets. OAO Gazprom paced declines in energy producers as crude oil slumped.
The MSCI Emerging Markets Index rose 0.1 percent to 1,010.63. Hindustan Petroleum Corp. and Bharat Petroleum Corp. drove the S&P BSE Sensex (SENSEX) to the biggest gain in Asia as India imports 80 percent of its oil. The Borsa Istanbul National 100 Index jumped to the highest in three weeks as banks increased. Russia’s Micex Index reversed earlier gains, led by Gazprom."

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