Emerging Market Stocks Surge on Tech Rally

Reported about 2 months ago

Emerging-market stocks experienced their best weekly performance in four months, rallying by 2.8%, fueled by strong gains in major tech firms like Taiwan Semiconductor and Samsung. This surge followed positive US economic data that raised investor confidence. While some experts see this rally as a selling opportunity, particularly as the US approaches an easing cycle, South African assets benefitted from political stabilization and economic improvements.

Source: YAHOO

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