Emerging Stocks Rise to 2016 High as Egypt Rallies Most in World

Updated on
  • EGX 30 Index surges as Egypt Central Bank devalues currency
  • Chinese equities advance as regulator signals market support

Emerging-market stocks extended a two-week rally after Chinese officials reaffirmed support for the nation’s equities and Egyptian shares rose the most since July 2013 as the central bank devalued the pound. Currencies retreated with commodities.

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