Asian stocks rise after 3 days 'Collapsing'

Headline - Asia's main stock index finally managed to escape from the losses wrapped around the past three days. Positive sentiment latest data showed the U.S. economic recovery is encouraging the world's biggest stock exchanges Asia, Friday, March 15, 2013.


The MSCI Asia Pacific excluding Japan, as quoted by Reuters page, edged up 0.3 percent, after falling in the last three sessions as investors took profits from a rally the previous regional index recorded its highest level.

Australia's major stock markets also rose 0.8 percent, due to the performance of the U.S. stock indexes were successful in pushing the state of the financial industry stocks rose the Kangaroos.

The Dow Jones Industrial Average closed at a record high in trading Thursday, up 10 days in a row and is strengthening the longest since 1996.

While Standard & Poor's 500 index closed less than two points from the highest closing level at 1565.15 which occurred in October 2007. Positive economic data and U.S. Federal Reserve monetary policy accommodative believed to have helped support the increase in asset prices around the world.

Meanwhile, South Korea's benchmark stock market opened higher by 0.4 percent from the previous trading day at the beginning of the transaction. Japan's main stock index, the Nikkei also opened up 0.5 percent.

Sources: http://bisnis.news.viva.co.id/news/read/397661