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Asian Markets Gain On Upbeat US Data

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Most of the Asian stocks rose Friday with investor sentiment turning positive as a drop in the U.S. jobless claims indicated an improvement in the labor market in the world’s largest economy.

The Chinese Shanghai Composite gained 0.49 percent or 10.38 points to 2113.25. Hong Kong's Hang Seng was up 0.76 percent or 160.52 points to 21159.57. Among major gainers were Sands China Ltd (5.12 percent) and COSCO Pacific Ltd (3.75 percent). Reported by IBTimes 1 hour ago.

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