Property and technology stocks led losses in China on Tuesday but gains in most other bourses sent an index of emerging market (EM) shares closer to one-month highs, while Turkey's lira firmed 1.5% after sliding to record lows.
Egyptian government bonds have been cleared to join J.P. Morgan's GBI-EM investment index starting on Jan. 31, the investment bank said in a research note.
Turkey's lira sank to new lows on Monday as tensions between Ankara and the West combined with unconventional monetary policy and rising inflation, while most other emerging market currencies firmed against weaker dollar.