Emerging Markets - Taiwan stocks lift emerging markets to 14-month high

Pedestrians walk past an electronic board showing a share price of the Nikkei index of the Tokyo Stock Exchange in Tokyo on Tuesday, April 9, 2024. - AFP

MANILA (Reuters): Emerging market stocks rose on Tuesday to their highest level in more than a year, as a rally in chipmaker TSMC lifted Taiwan stocks to their all-time high.

The MSCI index for emerging market stocks gained 0.5% by 0851 GMT, briefly touching a level not seen since January 2023.