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Asian stocks rose, pushing a regional equities index to its highest level in 17 months, after an expansion of U.S. manufacturing and China’s services industries fueled optimism in the global economic recovery.
Nikkei 225 Closed
S&P/ASX 200 4,740.68 +34.74 +0.74%
Shanghai Composite Closed
Rio Tinto Group, the world’s second-largest mining company, climbed 2.4 percent in Sydney as metals prices rose.
China Communications Services Corp., a Beijing-based telecommunications support firm, gained 1.7 percent in Hong Kong.Australian miner Aquarius Platinum Ltd. soared 13 percent, the most since May, amid speculation that South African supply of the metal will be lower during the first quarter.
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