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Worst Week Since Trump for Emerging Stocks Hit by Tencent: Chart

Worst Week Since Trump for Emerging Stocks Hit by Tencent: Chart

Worst Week Since Trump for Emerging Stocks Hit by Tencent: Chart

(Bloomberg) -- Emerging-market stocks haven’t suffered a week this bad since the election of Donald Trump as U.S. president. Little more than one year later, technology company Tencent Holdings Ltd. led the latest setback, in which the MSCI Emerging Market Index slumped 3.3 percent in the five days through Friday. Tencent’s biggest weekly loss since 2015, part of a wider wobble in global tech shares, compounded a broader risk-off mood.

--With assistance from Justin Villamil

To contact the reporter on this story: Samuel Potter in London at spotter33@bloomberg.net.

To contact the editors responsible for this story: Samuel Potter at spotter33@bloomberg.net, Rita Nazareth at rnazareth@bloomberg.net, Todd White, Alec D.B. McCabe

©2017 Bloomberg L.P.