Asian stocks gain on Japan earnings optimism, China rebound

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Hong Kong - Asian shares rose, throwing off morning weakness as Japanese shares climbed for the first time in three days while Chinese stocks erased declines in afternoon trading.

The MSCI Asia-Pacific Index gained 0.1% at 5:25 in Hong Kong. Japan’s Nikkei came within two points of the 20 000 milestone before paring that gain, closing at 19 919.82.

Tokyo stocks climbed as investors maintained positive sentiment on corporate earnings outlook. Shares in Shanghai and Shenzhen rebounded amid mounting speculation that policy makers are trying to stabilize the market.

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Rand - Dollar
14.11
-0.7%
Rand - Pound
19.85
-0.3%
Rand - Euro
17.03
-0.1%
Rand - Aus dollar
10.90
+0.7%
Rand - Yen
0.13
+0.1%
Gold
1,821.34
-0.9%
Silver
27.22
-1.4%
Palladium
2,871.50
-2.4%
Platinum
1,225.70
-1.2%
Brent Crude
68.55
+0.3%
Top 40
61,529
+0.3%
All Share
67,424
+0.3%
Resource 10
71,663
+1.5%
Industrial 25
83,756
-0.5%
Financial 15
12,642
-0.1%
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