07-01-2012, 10:45 PM | #1 |
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Asia stocks advance amid mixed data
Asian shares rose Monday, buoyed by lingering optimism over Europe’s bank plans and subsequent U.S. gains, with mixed economic data influencing some markets.
Japan’s Nikkei Stock Average JP:100000018 +0.35% traded 0.3% higher, though off an opening gain of more than 1%. South Korea’s Kospi KR:SEU +0.21% rose 0.2%, while Australia’s S&P/ASX 200 index AU:XJO +0.93% helped lead regional gains with a 1% rally.
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