Wednesday, December 20, 2006

Thailand and Emerging Markets Rebound

From Bloomberg:

Emerging-market stocks rallied from cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 biggest drop in three months after Thailand exempted stocks from capital controls imposed on international investors.

Thailand's SET Index jumped 11 percent in Bangkok after plunging 15 percent yesterday, its biggest slide in 16 years, following cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 introduction of cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 new rules. Benchmarks in South Korea, Indonesia, Malaysia, Pakistan, Russia, Hungary and South Africa were all up more than 1 percent.

The Morgan Stanley Capital International Emerging Markets Index, which tracks 25 markets, added 1.2 percent to 891.70 at 11:16 a.m. in London. The measure yesterday dropped 1.6 percent, cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 most since Sept. 11, after Thailand's rule change highlighted cá cược thể thao bet365_cách nạp tiền vào bet365_ đăng ký bet365 risks of investing in developing


It looks like everybody is happy again.