Most Emerging Stocks Gain as Growth Outlook Outweighs Oil Slump.

The MSCI Emerging Markets Index ended the session little changed at 869.10, with more than four stocks rising for each three that fell. Historical five-day volatility in the developing-nation equity benchmark, a measure of price swings during the period, fell to 3.5 percent, near a one-year low touched in early June. The MSCI emerging markets equity gauge trades at 12.1 times its projected 12-month earnings after a 9.4 percent advance this year. [Extracted from the article]