Asia-Pacific stocks rise Stocks in Asia-Pacific rose in Monda | Sikho Trading

Asia-Pacific stocks rise

Stocks in Asia-Pacific rose in Monday morning trade, with multiple markets in North Asia closed for Lunar New Year holidays.

In Japan, the Nikkei 225 rose 1.09% in early trade while the Topix index gained 0.82%.

Government data released Monday showed Japan’s economy growing 12.7% on an annualized basis between October and December last year. The preliminary reading for fourth-quarter gross domestic product was higher than economists’ median estimate of a 9.5% gain, according to Reuters.

Stocks in Australia edged higher, with the S&P/ASX 200 up 0.9%.