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" V% B7 [5 e+ z/ n9 k/ RAsian Stocks Rise as Index Enters Bull Market; Elpida Surges
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By Hanny Wan and Masaki Kondo4 A% u/ W0 B8 t5 _4 `2 o4 n
, q* W8 N, c( U/ ~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.
% f$ o: d2 D$ x& |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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