Chinese stocks gain on trade data

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Source: Reuters
China's shares advanced on Thursday trading session after a government report showed that the nation's trade balance came in a surplus as exports and imports returned to positive figures in April showing signs of an improvement and as investors bet on further stimulus by the central bank. The CSI 300 Index rose as much as 0.8% on the session.

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Thu, 08 May 2014 08:26:33 GMT

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Asian stocks increase as China's trade balance shows improvement

The majority of Asian shares increased on Thursday trading session amid dovish comments by the U.S. Federal Reserve officials on current monetary policy and as the world's second largest economy showed trade data signaling stabilization in the country. The MSCI broadest Asia- Pacific gauge outside Japan added 0.5% rebounding from the five-week low, while the Japan's Nikkei 225 gained 0.9%.

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