{"id":9484,"date":"2012-03-30T15:41:39","date_gmt":"2012-03-30T13:41:39","guid":{"rendered":"http:\/\/www.myza.co.za\/03\/emerging-markets-stocks-rise-on-track-for-best-q1-since-1992\/"},"modified":"2012-03-30T15:41:39","modified_gmt":"2012-03-30T13:41:39","slug":"emerging-markets-stocks-rise-on-track-for-best-q1-since-1992","status":"publish","type":"post","link":"https:\/\/www.myza.co.za\/press\/emerging-markets-stocks-rise-on-track-for-best-q1-since-1992\/","title":{"rendered":"EMERGING MARKETS-Stocks rise, on track for best Q1 since 1992"},"content":{"rendered":"<p>\t\t<span><\/span><\/p>\n<p>* Stocks head for best quarterly performance since mid-2010<span><\/span><\/p>\n<p><span><\/span><\/p>\n<p>* China stocks underperform; growth fears weigh<\/p>\n<p><span><\/span><\/p>\n<p>* Turkey, Egypt, Russia Q1 winners in emerging Europe<\/p>\n<p><span><\/span><\/p>\n<p>By Sujata Rao<\/p>\n<p><span><\/span><\/p>\n<p>LONDON, March 30 (Reuters) &#8211; End-of-quarter buying and hopes<br \/>\nfor increased euro zone bailout resources pushed emerging<br \/>\nequities 1 percent higher on Friday as the sector headed for its<br \/>\nbest quarterly performance since mid-2010 and for the strongest<br \/>\nfirst quarter since 1992.<\/p>\n<p><span><\/span><\/p>\n<p>By 1030 GMT, MSCI&#8217;s benchmark emerging equity index was up<br \/>\n0.8 percent, up 13.7 percent on the year, one of the<br \/>\nbest performing mainstream asset classes so far this year.<\/p>\n<p><span><\/span><\/p>\n<p>Despite some end-of-quarter buying, the index is ending<br \/>\nMarch with losses of more than 3.5 percent, weighed down by<br \/>\nlosses in China where stocks fell almost 7 percent this month.<\/p>\n<p><span><\/span><\/p>\n<p>Shanghai stocks snapped a three-session losing streak driven<br \/>\nby weak 2011 company earnings but have underperformed<br \/>\nemerging markets with gains of less than 3 percent year-to-date.<br \/>\nChina comprises almost a fifth of the MSCI emerging index.<\/p>\n<p><span><\/span><\/p>\n<p>&#8220;In China people seem increasingly aware that underlying<br \/>\nfundamentals are not as positive as they seemed,&#8221; said John-Paul<br \/>\nSmith, head of EM equity strategy at Deutsche Bank.<br \/>\n\u00a0 <span class=\"label\"><strong>Continued&#8230;<\/strong><\/span><\/p>\n<p><span><\/span><\/p>\n","protected":false},"excerpt":{"rendered":"<p>* Stocks head for best quarterly performance since mid-2010 * China stocks underperform; growth fears weigh * Turkey, Egypt, Russia Q1 winners in emerging Europe By Sujata Rao LONDON, March 30 (Reuters) &#8211; End-of-quarter buying and hopes for increased euro zone bailout resources pushed emerging equities 1 percent higher on Friday as the sector headed [&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-9484","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\/9484","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=9484"}],"version-history":[{"count":0,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/posts\/9484\/revisions"}],"wp:attachment":[{"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/media?parent=9484"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/categories?post=9484"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.myza.co.za\/press\/wp-json\/wp\/v2\/tags?post=9484"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}