(Bloomberg) -- Emerging-market stocks headed for the biggest weekly jump since March on speculation China will take steps to support the economy and as Russia pledged to de- escalate the conflict in Ukraine. Malaysia’s ringgit rose.

OAO Lukoil climbed for a fifth day in Moscow as the Micex Index was set for its best week since March. Katmerciler Arac Ustu Ekipman Sanayi ve Ticaret AS surged 14% in Istanbul after the riot truckmaker swung to a profit. China Mobile added the most since 2009 after saying it will cut device subsidies. The Shanghai Composite Index had its longest weekly winning streak in 14 months. The ringgit rose 0.8%.

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