Russia Leads Credit Suisse's Emerging Stocks Ranking: Chart

(Bloomberg) -- Russia, Malaysia and Mexico look the most appealing among global emerging equity markets, with the Philippines and Chile the least favored in a z-score analysis by Credit Suisse Group AG. Countries with cheap currencies and stocks, good macroeconomic fundamentals, spare labor-market capacity, relatively low exposure to China and higher dependence on commodities are favored in the rankings. The Swiss company said it reduced its overweight on developing-nation equities in general as this year's ā€œunusually supportiveā€ environment is unlikely to be repeated in 2018.

To contact the reporter on this story: Andrew Janes in Singapore at ajanes@bloomberg.net.

To contact the editors responsible for this story: Tomoko Yamazaki at tyamazaki@bloomberg.net, Garfield Reynolds

©2017 Bloomberg L.P.

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