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Emerging market stocks in biggest fall in 7 weeks

Published Mon, Dec 1, 2014 · 09:50 PM
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Jakarta

EMERGING-market stocks headed for the biggest drop in seven weeks as an oil rout dragged energy shares lower and a Chinese manufacturing gauge fell. South African equities sank and the ruble slid to a record for a third day.

CNOOC fell to a five-year low in Hong Kong and Sasol tumbled 8.2 per cent in Johannesburg. The DFM General Index fell to a five-month low in Dubai. The r…

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