Asian stocks advance on China's trade data

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Source: Bloomberg
Asian stocks rose, with the regional benchmark index set for the highest close since August 2011, as Chinese export data overshot economists' expectations and Japanese carmaker benefited from a weaker yen. The MSCI Asia Pacific Index advanced 0.9% to 132.25. The Nikkei 225 Stock Average rose 0.9%, climbing for a second consecutive day and South Korea's Kospi Index added 0.6%.
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