The MSCI Emerging Markets Stock Index Closes Out the Year At 17-Month High, +108% from March Low

The Morgan Stanley Capital International (MSCI) Emerging Markets Index closed out the year today at a new 17-month high, going above 989 points for the first time since August 11, 2008.  From the early March low of 475.08, the Emerging Markets Index is up by 108.3%, and from the first of the year by 74.50%.