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The Boston Globe

Business

BRIC stocks lag global equities for a 3d year

HONG KONG — Stocks in the biggest developing markets are lagging global equities for a record third year as faster economic growth proves no lure for investors amid concerns over government interference in markets.

The MSCI BRIC index of shares in Brazil, Russia, India, and China rose 11 percent last year through Dec. 28, trailing the MSCI All-Country World index by 1.6 percentage points.

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