Emerging Market Equities Hit Record High

From the FT:

The Morgan Stanley Capital International Asia-Pacific ex-Japan index struck a record high as both Hong Kong and Sydney climbed to new peaks and Singapore closed at its best level for two months.

The MSCI emerging market equity index also broke into uncharted territory as it recouped all the losses incurred during the credit squeeze in July and August. Shares in India, China and Brazil all touched new records.