Nov
30
Asian Stocks Rise Before China Factory Data as Lenders Advance
ByAsian stocks rose after Monday’s selloff as investors awaited Chinese factory data and financial shares climbed.
The MSCI Asia Pacific Index added 0.3 percent to 132.19 as of 9:00 a.m. in Tokyo after dropping 1 percent on Monday to cap a 2 percent decline for November. Financial and industrial companies led gains on Tuesday as all of the measure’s 10 industry groups rose. China reports its official purchasing managers index for November, with economists expecting a reading of 49.8, unchanged from the previous two months and indicating manufacturing in the world’s second largest economy is still contracting…
Asian Stocks Rise Before China Factory Data as Lenders Advance
