Asian stocks advance as Australia's building industry contracted at slower pace

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Source: Bloomberg
Asian stocks rose as fewer Americans applied for unemployment benefits and Australia's building industry contracted at a slower pace. The MSCI Asia Pacific Index gained 0.3% to 126.14 at 1:40 in Tokyo. Australia's S&P/ASX 200 Index climbed 0.8% and New Zealand's NZX 50 Index jumped 0.5%. South Korea's Kospi Index advanced 0.3%, whereas Japan's Nikkei 225 Stock Average was little changed.  
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Fri, 07 Dec 2012 09:33:40 GMT

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