Asian stocks rose on Friday, with several reaching four-month highs, as two of the largest central banks of the region maintained dovish signals regarding their benchmark interest rates.
MSCI’s broadest index of Asia-Pacific shares outside Japan was 0.9% higher and on course for a 3% gain in the week, its best weekly performance since January.
Japan’s Nikkei 225 index rose 0.6%. At the same time, the broader TOPIX cut earlier losses and was trading 0.25% higher.
Fidelity Asian Values Plc (LON:FAS) provides shareholders with a differentiated equity exposure to Asian Markets. Asia is the world’s fastest-growing economic region and the trust looks to capitalise on this by finding good businesses, run by good people and buying them at a good price.