Emerging Stocks Advance as Ibovespa Leads World Gains

• The Ibovespa rose the most in six months as state-run companies including Centrais Eletricas Brasileiras SA rallied as a poll showed President Dilma Rousseff’s approval rating fell before October elections.
• The MSCI Emerging Markets Index increased 0.7 percent to 975.29.
• State Bank of India surged after Goldman Sachs Group Inc. raised its recommendation. Egypt’s EGX 30 Index slumped the most in the world after the military chief confirmed speculation that he’ll seek presidency.

Categories: Emerging Markets

Tags: Centrais Eletricas Brasileiras SA, Goldman Sachs Group Inc., Ibovespa, MSCI Emerging Markets Index, President Dilma Rousseff, State Bank of India