Emerging markets higher after losses

Asian equities markets, especially in emerging economies, saw gains on Tuesday after Monday’s losses. Bargain-hunting and higher commodities prices helped bring about the advances.

In Mumbai, the Sensex index added 3.3 percent to 10,822.78 after a 4.2 percent decline Monday. In Jakarta, the JSX index was up 1.3 percent to 1,326.26, while in Singapore the Straits Times index gained 0.5 percent to 2,429.55 and in Bangkok the SET index advanced by 0.5 percent to 727.21.

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