Asian stocks rise on positive U.S. data

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Source: Bloomberg
© Scanpix/AP
Asian stocks gained, with the regional benchmark index poised for the highest close in 8 months, as data on U.S. factory orders and services overshot expectations. The MSCI Asia Pacific Index rose 0.3% to 125.59, heading for the highest close since April 3. Japan's Nikkei 225 Stock Average added 0.8% after the Japanese Yen traded at the lowest level in 7 months. South Korea's Kospi Index climbed 0.4%.
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Thu, 06 Dec 2012 09:43:49 GMT

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