Emerging Stocks Rise a Fourth Week as Economies Rebound

Emerging-market stocks rose, pushing the benchmark index to a fourth weekly advance, as signs economies in China and the U.S. are rebounding bolstered the outlook for energy and commodity producers.

PT Adaro Energy Tbk led weekly gains in the MSCI Emerging Markets Index as coal prices increased and Dongfang Electric Corp. jumped 13 percent after figures showed China’s electricity production climbed the most since February last month. Material and energy companies were the best weekly performers among 10 industry groups, with ArcelorMittal South Africa Ltd. and Vale SA leading the gains.