asian stock market jan 10 2012

Indonesia stock info - asian stock market jan 10 2012 ; Asian stocks (MXAP) rose for a second day on optimism the U.S. economy is weathering Europe’s sovereign- debt crisis.

Honda Motor Co., the Japanese carmaker that gets about 44 percent of sales from North America, increased 1.6 percent in Tokyo. James Hardie Industries SE (JHX), a building materials supplier that counts the U.S. as its biggest market, rose 1 percent in Sydney. Pacific Brands Ltd. surged 14 percent after KKR & Co. approached the Australian distributor of the Everlast, Clarks and Dunlop brands for a possible takeover.

The MSCI Asia Pacific Index (MXAPJ) gained 0.6 percent to 115.36 as of 9:53 a.m. in Hong Kong, with almost four shares rising from each that fell. The measure increased 0.9 percent last week as declining American unemployment and manufacturing growth from China to the U.S. added to signs the global economy may withstand Europe’s debt crisis.


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