Friday, April 13, 2007

Analysts see Latin American stocks moving higher

(Reuters) - The region has shown the best performance against both developed and emerging markets this year, according to the MSCI all countries world index.

"The strength in Latin America is sustainable ... The valuation is still attractive. Brazil is still one of the cheapest markets in the world" in terms of price over earnings, said Don Elefson, who overseas $1.1 billion in emerging markets assets at the Excelsior Funds.


Read more at Reuters.com Bonds News

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