Stocks in the region began the week in broadly positive fashion, driven by strong economic growth data from South Korea and Japan’s market closing at its highest level for four weeks.
Third-quarter figures showed that Asia’s fourth-largest economy expanded at its fastest pace in seven years. Region-wide, the FTSE Asia-Pacific index advanced 0.4 per cent to 228.94 yesterday. “The euphoria about the global economy is still alive,” Masashi Hashimoto, senior analyst at Bank of Tokyo Mitsubishi, told Bloomberg.
