{"id":7347,"date":"2012-01-24T21:08:08","date_gmt":"2012-01-24T19:08:08","guid":{"rendered":"http:\/\/www.myza.co.za\/01\/emerging-markets-stocks-edge-off-2-12-mth-high-hungary-hurt\/"},"modified":"2012-01-24T21:08:08","modified_gmt":"2012-01-24T19:08:08","slug":"emerging-markets-stocks-edge-off-2-12-mth-high-hungary-hurt","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-edge-off-2-12-mth-high-hungary-hurt\/","title":{"rendered":"EMERGING MARKETS-Stocks edge off 2-1\/2-mth high, Hungary hurt"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks down 0.3 pct on Greece worries<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* Hungarian shares fall 1.9 pct, eye Orban\/EU talks<\/p>\n<p><span><\/span><\/p>\n<p>* Ivorian yields at 7-month low after finmin presentation<\/p>\n<p><span><\/span><\/p>\n<p>By Alessandra  Prentice<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, Jan 24 (Reuters) &#8211; Emerging market shares<br \/>\nslipped from a 2-1\/2-month high on Tuesday with emerging<br \/>\nEuropean stocks among the worst-performing, as the risk of a<br \/>\nmessy Greek default and concerns over the outcome of Hungary&#8217;s<br \/>\naid talks spooked investors.<\/p>\n<p><span><\/span><\/p>\n<p>Hungarian stocks fell nearly 2 percent after<br \/>\nHungary&#8217;s deputy prime minister cast doubt on whether Prime<br \/>\nMinister Viktor Orban and European Commission head Jose Manuel<br \/>\nBarroso had the &#8220;ambition&#8221; to resolve disputes over a series of<br \/>\nnew laws, a barrier to an international aid deal.<\/p>\n<p><span><\/span><\/p>\n<p>Appetite for riskier emerging stocks picked up in 2012 with<br \/>\nshares soaring nearly 10 percent in January, but the markets<br \/>\nremain sensitive to bad news. Reports of foundering talks<br \/>\nbetween Greece and its private creditors weighed on risk<br \/>\nappetite on Tuesday.<\/p>\n<p><span><\/span><\/p>\n<p>By 1235 GMT emerging stocks were down 0.2 percent,<br \/>\nending a 5-day winning streak. The index finished last year over<br \/>\n20 percent lower.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;Most of the problems out there haven&#8217;t yet been fixed and<br \/>\nthe euro zone issue will remain for a while, but the money<br \/>\nthat&#8217;s flowing in (from the ECB) will support the market,&#8221; said<br \/>\nMurat Toprak, emerging market strategist at HSBC.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Stocks down 0.3 pct on Greece worries * Hungarian shares fall 1.9 pct, eye Orban\/EU talks * Ivorian yields at 7-month low after finmin presentation By Alessandra Prentice LONDON, Jan 24 (Reuters) &#8211; Emerging market shares slipped from a 2-1\/2-month high on Tuesday with emerging European stocks among the worst-performing, as the risk of [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":0,"comment_status":"open","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_genesis_hide_title":false,"_genesis_hide_breadcrumbs":false,"_genesis_hide_singular_image":false,"_genesis_hide_footer_widgets":false,"_genesis_custom_body_class":"","_genesis_custom_post_class":"","_genesis_layout":"","ngg_post_thumbnail":0,"_jetpack_memberships_contains_paid_content":false,"footnotes":"","jetpack_publicize_message":"","jetpack_publicize_feature_enabled":true,"jetpack_social_post_already_shared":false,"jetpack_social_options":{"image_generator_settings":{"template":"highway","default_image_id":0,"font":"","enabled":false},"version":2}},"categories":[1],"tags":[830,2370,183],"class_list":{"0":"post-7347","1":"post","2":"type-post","3":"status-publish","4":"format-standard","6":"category-south-africa","7":"tag-news","8":"tag-reuters","9":"tag-south-africa-2","10":"entry"},"jetpack_publicize_connections":[],"jetpack_featured_media_url":"","jetpack_sharing_enabled":true,"_links":{"self":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7347","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/comments?post=7347"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/7347\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=7347"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=7347"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=7347"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}