Thu, 17 Nov 2011 08:08:45 GMT
Asian stocks recoup early losses
On Thursday Asia equities erased most of
losses linked with European debt crisis, as investors faced optimistic company
valuations. Hong Kong's Hang Seng Index outweighted early losses, however,
still traded down 0.9 whereas China's Shanghai Composite index closed flat. Korea's
Kospi added 0.2%, Australia's S&P/ASX 200 index gained 0.5% and Japan's
Nikkei Stock Average advanced 0.3%.