(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 “unusually supportive” 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.
Essential Business Intelligence, Sharp Market Insights, Practical Personal Finance Advice, Daily Fuel, Gold and Silver Prices and Latest Stories — On NDTV Profit.
