Skip to content
Subscriber Only

Emerging Market Stocks Slump in Longest Streak Since July

Emerging-market stocks fell for a sixth day, the longest losing streak since July, on prospects China’s new leadership will put off policy changes needed to reform the economy. Volcan Cia. Minera SAA led declines after MSCI Inc. removed the mining company from its Peru index.

Tencent Holdings Ltd., China’s biggest Internet company, dropped the most in 13 months in Hong Kong as profit missed analysts’ estimates. Gedeon Richter Nyrt., Hungary’s biggest drugmaker, and Taiwan’s Inotera Memories Inc. slid after MSCI said they will be removed from benchmark indexes. Embotelladora Andina SA, a Chilean soft-drink bottler, rose after shares were added to the MSCI Chile Index.