Asian stocks rise on U.S. industrial production data

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Source: Bloomber
© Scanpix/AP
Asian stocks rose as the U.S. industrial production surpassed expectations and Moody's Investors Service did not change Spain's credit rating. The MSCI Asia Pacific Index gained 0.9% to 122.77. Japan's Nikkei 225 Stock Average advanced 1.2%, Australia's S&P/ASX 200 gained 0.8% and New Zealand's NZX 50 Index rose 0.6%. South Korea's Kospi Index climbed 0.6%. 
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