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World stocks up 75 pct from March

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    • Reuters Tags : World stocks, global recovery, corporate earning Posted: Tuesday , Oct 20, 2009 at 1242 hrs London:
    World Stocks
    By 0701 GMT, the MSCI All-Country World Index was up 0.5 per cent at 300.77.

    World stocks hit a new 12-month high on Tuesday, fuelled by optimsim over corporate earnings and the global recovery after strong results from Apple and Texas Instruments.

    By 0701 GMT, the MSCI All-Country World Index was up 0.5 per cent at 300.77, its highest level since late September 2008. This took the index up more than 75 per cent since hitting a low in March 2009.

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