(Bloomberg) -- Emerging-market stocks rallied the most in two months after a better-than-estimated American jobless-claims report bolstered optimism about global economic growth. Turkish shares drove gains in world equities.
The MSCI Emerging Markets Index climbed 1.4% to 929.80. The Borsa Istanbul 100 Index of stocks surged 3.4%, while the lira rallied as banks offered the highest rate on savings after a doubling of central bank rates last month. Brazil’s Ibovespa advanced 2.4% as Vale SA paced gains in commodity producers. Hong Kong stocks rebounded from the lowest level in six months as casino operators rallied.