Asian stocks gained, with a regional gauge rising
from a three-week low, as investors weighed corporate earnings and after
U.S. equities advanced.
Indeks MSCI Asia Pacific Excluding Japan Index
added 0.1 percent to 476.32 as of 9:02 a.m. in Seoul. Major U.S. indexes
recovered in the last hour of trading yesterday, paring losses sparked
by the U.S. and European Union levying new sanctions against Russia. The
Federal Reserve will probably announce a fourth straight stimulus cut
at the conclusion of a two-day meeting tomorrow, economists polled by
Bloomberg say.
South Korea��s Kospi index rose 0.3 percent, with
Samsung Electronics Co. advancing 0.3 percent after posting
first-quarter profit that beat analyst estimates. Australia��s
S&P/ASX 200 Index was little changed and New Zealand��s NZX 50 Index
added 0.4 percent. Markets in Japan are closed for a holiday, while
those in China and Hong Kong have yet to open.
The MSCI Asia Pacific excluding Japan Index
yesterday traded at 12.3 times estimated earnings, compared with 15.9
for the Standard & Poor��s 500 Index, according to data compiled by
Bloomberg.
Copy Source: Bloomberg
0 komentar :
Post a Comment