Asian stocks gain as Yen weakens
Wednesday, 16 September 2009
TOKYO, Sept 15 (Reuters): Asian stocks rose, helping the MSCI Asia Pacific Index rebound from its biggest drop in a month, as the weaker yen boosted Japanese exporters.
Asian stocks edged up on Tuesday, with markets in South Korea and Taiwan closing at 14-month highs, as investors put their faith in the global economic recovery and looked past a trade spat between the United States and China.
European shares opened slightly higher, with futures on the Dow Jones Euro Stoxx 50 up 0.4 percent.
The technology and exporter sectors were the biggest gainers on a day without a major theme driving the markets in Asia. LG Electronics, the world's No. 3 handset maker, jumped more than 3 percent in Seoul to snap a weeklong slide.
Asian stocks edged up on Tuesday, with markets in South Korea and Taiwan closing at 14-month highs, as investors put their faith in the global economic recovery and looked past a trade spat between the United States and China.
European shares opened slightly higher, with futures on the Dow Jones Euro Stoxx 50 up 0.4 percent.
The technology and exporter sectors were the biggest gainers on a day without a major theme driving the markets in Asia. LG Electronics, the world's No. 3 handset maker, jumped more than 3 percent in Seoul to snap a weeklong slide.