Asian stocks advance on U.S. budget optimism and amid BOJ stimulus bets

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Source: Bloomberg
Asian shares rose, with the regional benchmark index poised for the highest close since 2011, on optimism U.S.  officials will reach a budget compromise and the BOJ will expand stimulus. The MSCI Asia Pacific Index advanced as much as 1% to 129.12 at 1:55 p.m. Tokyo time. Japan's Nikkei 225 Stock Average gained 1.7% to 10,091.40, the highest since April. Hong Kong's Hang Seng Index added 0.7% , whereas China's Shanghai Composite Index lost 0.2%.
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Wed, 19 Dec 2012 08:41:13 GMT

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