Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. shares rise 1.11% after-hours following Fitch's affirmation of Morgan Stanley Direct Lending Fund's ratings.

Morgan Stanley Emerging Markets Domestic Debt Fund, Inc. rose 1.11% in after-hours trading. The increase in stock price can be attributed to the affirmation of Morgan Stanley Direct Lending Fund's Long-Term Issuer Default Rating (IDR) and unsecured debt rating at 'BBB-' by Fitch Ratings, indicating a stable outlook for the company. Additionally, the bullish sentiment among investors, as reported in Morgan Stanley Wealth Management's quarterly retail investor pulse survey, with 61% of investors expressing optimism, further supports the positive movement in the stock price.