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Asian stock markets buoyed by Fed statement

Asian stocks rose on Thursday after the U.S. Federal Reserve Board approval, there is no indication that it is prepared to stop a massive bond-buying program to promote investors into the stock market.
The Fed on Wednesday ended a two-day policy meeting without any change in its monetary policy to maintain low interest rates to support the economy. , In turn, encourage borrowing and spending, but also boost the stock market, as investors seek higher returns than bonds.
Meanwhile, in China, a slight improvement in manufacturing also boosted the mood. China Federation of Logistics and Purchasing released Thursday index last month rose from 50.1 in June to 50.3.
However, another survey showed manufacturing in the 11 months minimum. HSBC purchasing managers' index fell to 48.2 in June from 47.7 last month. 100-point scale reading below 50 indicates contraction in activity.
Japan's Nikkei 225 index, which has jagged week up 1.2 percent, to 13,827.43. Hong Kong's Hang Seng Index rose 1 percent to 22,098.99 points. Shanghai Composite Index rose 1.4 percent, to 2,020.80. South Korea's Kospi index rose 0.5 percent to 1,923.58 points.
Australia's S & P / ASX 200 index fell 0.2% to 5,039.80 points. The benchmark in New Zealand and Taiwan also declined.
Better than expected U.S. economic growth in the second quarter of 2013, there is a certain stimulus, but also to the investor morale. 1 in the world largest economy grew by 1.7% on an annualized basis, the government said on Wednesday that better-than-expected 1 percent during the period. In addition, from payroll processing firm ADP private survey shows that U.S. companies to create 200,000 jobs this month.
In addition, Eurostat figures show that across the 17 EU countries, the number of unemployed fell in April 2011 the first time since, as the ultimate economic recovery in the region provides further hope.
On Wednesday, the Dow Jones Industrial Average fell 0.1%, to close at 15,499.54 points. Standard & Poor's 500-stock index fell slightly to 1,685.73. The Nasdaq Composite Index rose 0.3 percent to 3,626.37 points.
Benchmark crude for August delivery rose 40 cents to $ 105.42 a barrel on the New York Mercantile Exchange electronic trading. The contract rose $ 1.95 to settle at last Wednesday on the New York Mercantile Exchange $ 105.03.
In currencies, the euro fell to $ 1.3271 from $ 1.3299 late Wednesday. Dollar rose to 97.75 yen from 98.25 yen.
 



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