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Overnight Markets: US stocks rise as small-caps rally
by Himanshu Singh on May 23, 2014 at 03:31
The MSCI Asia Pacific Index added 0.5% to 141 as of 10:43 a.m. in Tokyo, heading for the highest close since 1 January. Japan’s Topix (TPX) index rose 1.1% as the yen was little changed at 101.78 per dollar after falling 0.4% yesterday.
South Korea’s Kospi index was little changed. Australia’s S&P/ASX 200 Index and New Zealand’s NZX 50 Index both added 0.4%. Hong Kong’s Hang Seng Index and the Shanghai Composite Index were little changed. Taiwan’s Taiex index added 0.3%, while Singapore’s Straits Times Index gained 0.1%.
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