Emerging-market stocks increase as Neway leads the way

Emerging-market shares rose on Friday with the benchmark region's index heading for a weekly gain mainly due to an increase of technology companies as Neway Valve added 43% on its debut on China's stock exchange. The MSCI Emerging Markets Index gained 0.1% to 975.60 by 2:08 p.m. Honk Kong time extending the weekly advance to 0.6%.