The Citizen (Gauteng)

Emerging-market equities rebound

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Emerging-market equities are looking to bounce back from the biggest stock outflows since the 2013 taper tantrum.

The $17.1 billion (R243bn) in nonresiden­t portfolio withdrawal­s last month marked the fourth-biggest exodus since the Institute of Internatio­nal Finance started tracking the data in 2005. Recent history indicates a rebound may be coming. – Bloomberg

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