print emerging market stocks at records may extend climb update2 jan 5 bloomberg ended 2005 a record outpacing developed markets for fifth straight year as surge in exports from electronics to raw materials boosted corporate profits and encouraged local consumers spend more investors including gartmore investment management s andrew marshall say developing repeat the feat 2006 because shares countries such south korea russia remain bargains compared with those elsewhere key point is that despite strong returns we ve seen are still cheaper said london based head of global research 1 billion equities outlook remains positive earnings growth coming through re looking another outperformance morgan stanley capital international index covering 26 asia eastern europe latin america middle east jumped 30 percent last dollar terms about four times 7 6 gain msci world samsung co brazil banco bradesco sa led
