By Kana Nishizawa - Nov 29, 2011 7:09 AM GMT+0700
Asian stocks (MXAP) rose, sending the MSCI Asia Pacific Index toward its biggest two-day gain in a month, amid speculation European leaders are closer to stemming the region’s debt crisis.
The MSCI Asia Pacific Index gained 0.5 percent to 111.58 as of 9:05 a.m. in Tokyo, headed for its biggest two-day increase since Oct. 28. All but two of 10 industries on the measure rose. Almost four stocks advanced for each that fell on the index.
To contact the reporters on this story: Kana Nishizawa in Hong Kong at knishizawa5@bloomberg.net;
To contact the editor responsible for this story: Nick Gentle at ngentle2@bloomberg.net
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