Here's what you need to know about emerging markets this week, from the WSJ
News and analysis on the frontier markets
Myanmar continues to grab headlines for all the wrong reasons as its military persists with a campaign to attack and displace thousands of ethnic Muslim Rohingya. This week, the UN human-rights chief, Zeid Ra’ad al-Hussein, characterized the campaign as “a textbook example of ethnic cleansing,” that was prompting hundreds of thousands of Rohingya to flee to Bangladesh. Myanmar’s de facto leader Aung San Suu Kyi has come under increasing criticism for failing to stop the attacks and this week canceled a trip to the UN, apparently to deal with “domestic security issues.” Pakistan’s stock market perked up this week, with the benchmark KSE 100 index notching up a 3.25% gain. Trading volumes late in the week were turbocharged by index provider FTSE’s inclusion of five Pakistani stocks in its Asia Pacific ex-Japan index. Echoing the performance of the market as a whole in the wake of Pakistan’s upgrade by MSCI to emerging market status, though, all five stocks traded down on the news. Acc...
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