Le BAsian bears generally rose for a third consecutive day, led by energy stocks, on a day of waiting for Chinese manufacturing data. On the other hand, the Japanese stock fluctuated between gains and losses. On the stock front, Woodside Petroleum, Australia's second-largest crude producer, rose 8,2% in Sydney after announcing plans to pay dividends to investors.
Nec, Japan's largest wireless base station maker, rallied 6,1% in light of rumors that Marubeni is planning to buy 51% of the Nec Mobiling unit. Bucking the trend, Yamada Denki plunged 4,7% in Tokyo after cutting its full-year profit forecast.
The MSCI Asia Pacific index was up 0,2% to 137.69 as of 10:25 am in Tokyo, approaching its best close since April 12. The measure rose 6,2% this year on expectations of a US recovery and on speculation regarding possible interventions by the Japanese central bank. Australia's S&P/ASX 200 was up 1,3%, while New Zealand's NZX 50 was up 0,5 percent. The Nikkei 225 had changed little, swinging between 0,1% gains and 0,3% losses, while South Korea's Kospi dropped 0,4%
