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Bric investment theme loses appeal as outlook for the four economies diverges

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While the benchmark equity indexes in China and India (above) have surged an average 40 per cent this year, Russian and Brazilian gauges posted a mean drop of 4.2 per cent.

Singapore

THE Bric grouping of Brazil, Russia, India and China has never looked so disunited to stock investors.

While Chinese and Indian benchmark equity indexes have surged an average 40 per cent this year, Russian and Brazilian gauges posted a mean drop of 4.2 per cent. The

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