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Overnight Markets: Bernanke comments boost Wall Street
by Himanshu Singh on Feb 27, 2013 at 03:38
In Asia, shares outside Japan gained on Wednesday in mid-session after US housing and consumer confidence data beat estimates. Japanese shares declined as the yen rose.
The MSCI Asia Pacific Excluding Japan Index gained 0.6% to 476 as of 12:14 p.m. in Tokyo. Japan’s Nikkei 225 Stock Average dropped 0.8%, heading for the biggest two-day loss since July, as the yen strengthened against all of its major peers. Australia’s S&P/ASX 200 Index climbed 0.7%. South Korea’s Kospi Index rose 0.3%.
Hong Kong’s Hang Seng Index advanced 0.5% and China’s Shanghai Composite Index gained 0.7%.
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