(MENAFN– ecpulse)
Asian stock advanced today with the regional benchmark index to its longest series of gains in more than two months amid the recent boosted outlook in manufacturing output in the world’s largest economies and improved performance, while yen inclined with gold’s third straight incline.
Moreover, The MSCI Asia Pacific Index advanced 0.9% in Tokyo for the fifth day and poised for the highest close since June 19 as Japanese equities drove gains. Standard & Poor’s 500 Index (SPX) futures rose 0.2% after the gauge climbed 0.5% in New York.The Topix Index (TPX) jumped 0.9% in Tokyo, while shares Australia and New Zealand rallied. The yen added 0.1% after retreating almost 2% over the past three days, while Malaysia’s ringgit and South Korea’s won strengthened. Rubber futures climbed a fourth day and other precious metals followed gold higher.
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