Emerging Stocks Rise as Commodity Gains Outweigh Terror Concern
- Raw-material and energy shares lead benchmark's rebound
- Russia's ruble jumps to highest this year as oil prices rise
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Emerging-market stocks advanced as a rally in commodity prices outweighed a shift away from riskier assets after terrorist bomb blasts killed at least 31 people in Brussels.
The MSCI Emerging Markets Index rose 0.2 percent to 830.51 after reversing a decline of as much as 0.4 percent. A gauge of 20 developing-nation currencies increased as Russia’s ruble and the Colombian peso strengthened with oil prices.