Asian
stocks rose for the first time in six days, with industrial shares
leading gains, as investors await the monthly U.S. jobs report for clues
on monetary policy and before many markets around the world close for
holidays.
The
MSCI Asia Pacific Index advanced 0.4 percent to 146.53 as of 9:02 a.m.
in Tokyo. The measure fell the past five days, led by declines among
health-care and materials companies, after valuations on the regional
gauge climbed to the highest level in five years.
A
U.S. government report to be released on Friday is forecast to show
hiring rose by 245,000 in March. The Federal Reserve has said its first
interest-rate increase since 2006 will depend on data showing economic
strength and a return to its inflation target.
Japan’s
Topix index gained 0.6 percent. South Korea’s Kospi index rose 0.4
percent. Australia’s S&P/ASX 200 Index advanced 0.4 percent, while
New Zealand’s NZX 50 Index slipped 0.4 percent.
Source : Bloomberg
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