Technology Stocks Lead Emerging Equity Slide as Samsung Tumbles – Bloomberg 01-28-13

Salient to Investors:

Gaelle Blanchard at Societe Generale said there’s a run of risk aversion on concerns for growth.

Martial Godet at BNP Paribas CIB said global earnings growth should be stronger than 2012 for emerging-market companies, particularly China, while commodity and oil prices are resilient, which helps Russia.

The MSCI emerging-markets index trades for 10.9 times estimated profit versus 13.6 for the MSCI World index.

Jonathan Ravelas at BDO Unibank said China’s growth recovery is gaining traction, and the global economic outlook will improve and help soften the slump in tech shares.

Read the full article at http://www.bloomberg.com/news/2013-01-28/most-emerging-stocks-rise-on-china-profit-data-samsung-slumps.html

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