(Bloomberg) -- Emerging-market stocks may rise 28 percent by the end of 2010, with gains slowing from this year’s pace amid concern interest rates and oil prices will increase, according to Morgan Stanley. The MSCI Emerging Markets Index may rise to 1,200 by the end of next year, compared with the Nov. 6 level of 936.36, strategists led by Jonathan Garner said in a report. They set a forecast of 486 for the MSCI Asia Pacific excluding Japan Index, representing a 23 percent gain from last week, according to a separate report.
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