asian stock market jan 31 2012

asian stock market jan 31 2012 : Asian stocks rose, with a regional benchmark index poised for its biggest monthly rally since September 2010, after Greek Prime Minister Lucas Papademos said major progress has been made in debt-swap talks and Japan’s industrial production grew faster than economists estimated.

The MSCI Asia Pacific Index added 0.4 percent to 122.63 as of 11:10 a.m. in Tokyo, having swung between gains and losses at least eight times. The measure has risen 7.7 percent so far this month, set for the biggest such advance since September 2010, amid bets China will ease lending curb, the U.S. economy is improving and Europe is containing its debts crisis.

Japan’s Nikkei 225 Stock Average rose 0.3 percent, while South Korea’s Kospi Index gained 0.8 percent. Australia’s S&P/ASX 200 Index added 0.2 percent. Hong Kong’s Hang Seng Index increased 0.8 percent. China’s Shanghai Composite Index lost 0.2 percent. For the latest updates on the stock market, visit Stock Market Today For the latest updates PRESS CTR + D or visit Stock Market news Today

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