Emerging-market stocks rose, led by exporters, on speculation that a strengthening global economy will spur demand. Hungary’s forint paced a drop by developing-nation currencies. The MSCI Emerging Markets Index climbed 0.2 percent to 976.93 as of 10:58 a.m. in London. Largan Precision Co. jumped the most in four months after Deutsche Bank AG recommended buying its shares. The Jakarta Composite Index rallied to a nine-week high as JPMorgan Chase & Co. upgraded Indonesian stocks. Turkey’s lira approached a record low with no developing-nation currencies rising. Hungarian stocks gained for a seventh day as Raba Automotive Holding Plc reached a four-year high.
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