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Asian Stocks Rise as Index Enters Bull Market; Elpida Surges % M, l0 w2 H' ^3 R4 v8 I
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By Hanny Wan and Masaki Kondo
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March 26 (Bloomberg) -- Asian stocks rose, with the region’s benchmark index set for its best month since 1998, as better- than-expected U.S. economic reports fueled optimism global growth is responding to government stimulus measures. ' @( |+ d. a ~! h9 v8 I- S. |
The MSCI Asia Pacific Index rose 1.1 percent to 85.21 as of 1:26 p.m. in Tokyo. The index has rallied 21 percent from a five-year low on March 9 on speculation the worst of the financial crisis is over. A gain of 20 percent is the technical definition of a bull market.。。。 |
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