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Too early to pick up shares in developing markets: Mobius

Investors should wait for markets to stabilise instead of rushing to pick up stocks, he says
Wednesday, August 26, 2015 - 05:50

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Mark Mobius says investors should hold off from buying developing nation shares as a rebound from six-year lows will be short-lived amid widening price swings.

Hong Kong

MARK Mobius says investors should hold off from buying developing nation shares as a rebound from six-year lows will be short-lived amid widening price swings.

"We have a little bit to go before we see stabilisation, but volatility will remain," Dr Mobius, chairman of the

sentifi.com

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