Stocks slide again; Turkish lira looks to snap losing rally – Reuters
- Date: 22-Nov-2021
- Source: Reuters
- Sector:Economy
- Country:Middle East
Stocks slide again; Turkish lira looks to snap losing rally – Reuters
Nov 22 (Reuters) - Emerging market shares fell for a fourth straight session on Monday as rising COVID-19 cases in Europe and some hawkish comments from the U.S. Federal Reserve weighed on risk appetite, while Turkey's lira firmed after plumbing record lows.
MSCI's index of EM shares (.MSCIEF) hit a two-week low, down 0.4%, with Hong Kong, India and Taiwan bourses pulled lower by tech names. Losses outside Asia included Russia (.IMOEX) and Middle East (.TASI), (.DFMGI).
Mainland China stocks, however, rose on policy easing expectations.
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