Emerging markets stocks hit June highs

Emerging market stocks experienced a notable rise, reaching their highest levels since June, primarily driven by a rebound in the technology sector and positive sentiment toward artificial intelligence technologies. The performance of American chip companies, especially after OpenAI launched its new model, GPT-6, contributed to pushing the major indices higher. The MSCI Emerging Markets Index increased by 1.40%, while the emerging market currencies index gained 0.10%, achieving gains in 13 out of 14 trading sessions.

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