Asian stocks advance on U.S. service industry data

Source: Bloomberg
Asian shares advanced, with the regional benchmark index reaching the highest level since August 2011, as U.S. stocks jumped to a record high as activity the U.S. service industry grew at the fastest pace in a year. The MSCI Asia Pacific Index added 1.1% to 135.85 at 12:11 p.m. in Tokyo. The Nikkei 225 Stock Average surged 1.3%, Hong Kong's Hang Seng Index rose 0.9% and Shanghai Composite Index gained 0.8%.
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Wed, 06 Mar 2013 08:41:03 GMT

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