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Emerging-Market Stocks Decline as Ibovespa Sinks on Rousseff Win

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Emerging-market stocks fell as the Ibovespa tumbled to a six-month low and Brazil’s real slid after President Dilma Rousseff won elections. The Shanghai Composite Index posted its longest streak of losses this year.

The Ibovespa dropped the most among the world’s biggest stock benchmarks and the real led declines in developing-nation currencies. The Shanghai Composite decreased for a fifth day. The Micex Index rose 1 percent and the ruble lost 0.8 percent versus the dollar as Russian interventions neared $20 billion. Ukrainian stocks gained as elections showed pro-European parties poised to control parliament.