<div id="readability-page-1"><pre>    (There will be no Latin America Emerging Markets report on Thursday, December 25, as markets will be shut for Christmas.)          *       Stocks up 0.2%, currencies flat           *       Equity benchmark set for best year since 2009           *       Expectations for political change in Venezuela overdone, analyst says     (Updates with afternoon trading)     By Niket  Nishant and Twesha Dikshit        Dec 24 (Reuters) - Latin American stocks climbed on Wednesday, with Peru and Colombia leading gains during a thinly traded ‌session and keeping the region on course for its best year since 2009.     The MSCI index of equities for Latin America rose 0.2%, while Argentina's Merval ​index gained 0.2%.     Brazil's equity market was shut while bourses in Argentina, Peru and Chile were scheduled to close ‍early. Regional markets will be closed on December 25 for the Christmas holiday.     Mexican ⁠equities were flat. The national ⁠statistics agency said the seasonally adjusted unemployment rate was 2.7% in November.     Citi analysts this week reiterated their overweight rating on EM equities in a global ‌context.     &#34;Most EMs are in a mature phase of monetary ​easing, though more cuts remain likely... (We) expect Brazil to shift from tightening to aggressive easing, while Mexico continues its easing trend,&#34; they said in a note.     With few other catalysts, investors revisited ⁠existing data and took their cues from the Federal Reserve, ‍which is ​expected to lower interest rates next year.     Fed rate reductions typically weaken the appeal of the U.S. dollar and boost demand for higher-yielding alternatives in emerging markets.     MSCI's currency gauge for Latin America was little changed, with ‍the Colombian peso up 0.5% against the dollar.      EMERGING MARKETS SHINE IN 2025     Latin America has emerged as a bright spot in the broader emerging market universe this year, with investors adding exposure to the region.     Efforts to shore up public finances have helped to bolster confidence, particularly at a time when trade policy uncertainty has eroded the appeal of developed markets.     The MSCI index of Latin American stocks has gained almost 46% so far this year, putting ​it on ‍track for its best year since 2009.     However, domestic politics could throw a spanner in the works, with analysts expecting some volatility as several countries in the region head toward elections.     In recent weeks, investors have ​also had to contend with increasing tensions between the U.S. and Venezuela.     Some have tried to find opportunity amid the turmoil. Bets that increasing U.S. pressure on Venezuelan President Nicolas Maduro could pave the way for political change and a restructuring of Venezuela's debt have led to a rally in the country's bonds, which have returned roughly 100% at the index level in 2025.     However, analysts cautioned that such optimism may be premature.     &#34;We think any hopes of a swift and clean, investor-friendly regime change are overdone. The ​ousting of Maduro doesn't guarantee a smooth and orderly transition to a more democratic and investor-friendly government,&#34; said Stuart Culverhouse, chief economist and global head of fixed income research at Tellimer Research.      Key Latin American stock indexes and currencies at 19:50 GMT:              Equities                                  Latest     Daily %                                             change   MSCI Emerging Markets             1392.69           0.4   MSCI LatAm                        2713.12          0.24  Mexico IPC                       65616.43                                                     0.03   Chile IPSA                       10386.99         -0.16  Argentina Merval               3121145.12           0.2  Colombia COLCAP                    2081.4                                                     0.29                Currencies                                  Latest     Daily %                                             change   Mexico ‍peso                       17.9464         -0.29  Chile peso                         903.13          0.39  Colombia peso                     3733.21          0.49  Peru sol                           3.3665         -0.04   (Reporting by Niket Nishant and Twesha Dikshit in Bengaluru; Editing by Lisa Shumaker and Edmund Klamann)  </pre></div>

明晟

<p>拉丁美洲股市上涨，以秘鲁和哥伦比亚为首，在交易量较低的情况下，MSCI 指数上涨了 0.2%。该地区有望迎来自 2009 年以来的最佳年度。分析师警告不要高估委内瑞拉的政治变化。哥伦比亚比索对美元上涨了 0.5%。花旗分析师对新兴市场股票维持超配评级，预计巴西将转向激进的宽松政策，而墨西哥将继续宽松。尽管存在潜在的政治波动，MSCI 拉丁美洲指数今年已上涨近 46%</p>

新兴市场——拉美股市在缩短的假期交易中小幅上涨，秘鲁和哥伦比亚领涨