Asia stocks gain as post-Brexit bounce continues, yen pulls back

Asia stocks gain as post-Brexit bounce continues, yen pulls back Asia stocks rose on Thursday, tracking an overnight rally on Wall Street, while the safe-haven Japanese yen retreated as global markets regained a semblance of calm after last week’s Brexit shock. MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.4 percent, pulling further away from a one-month low on Friday when it plunged more than 3 percent in reaction to Britain’s decision to leave the European Union.

Japan’s Nikkei climbed 1.2 percent.

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Posted in: Indian Market Tips