(MENAFN– ecpulse)
Asian stocks advanced for the first time in three days after the biggest accelerate in U.S. retail sales since 2012, which added optimism in markets and toward the world’s largest economy.
Moreover, The MSCI Asia Pacific Index advanced by 0.2% to 137.64 in Hong Kong, Asics Corp. gained 4.1% in Tokyo after Nomura Holdings Inc. advised buying shares of the sportswear maker. CapitaMalls Asia Ltd. soared 21% in Singapore after CapitaLand Ltd., Southeast Asia’s biggest developer, offered to buy the rest of its mall unit for about S$3.06 billion ($2.4 billion). SK Hynix Inc. advanced 1.8 percent in Seoul.
Japan’s Topix index rose 0.5% and Australia’s S&P/ASX 200 Index gained 0.6% . New Zealand’s NZX 50 Index and South Korea’s Kospi index both advanced 0.1%.
Legal Disclaimer:
MENAFN provides the information “as is” without warranty of any kind. We do not accept any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information contained in this article. If you have any complaints or copyright issues related to this article, kindly contact the provider above.