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Asian Stocks Rise as U.S. Retail Sales, Japan GDP Boost Outlook
Edited by : AL CIRCLE
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Asian stocks rose following the longest series of weekly losses since June after U.S. retail sales increased by the most in four months and Japan’s second- quarter gross domestic product beat economist estimates.
Alumina Ltd. (AWC) climbed 8.2 percent to A$1.97 after Macquarie Group Ltd. upgraded the stock to “outperform” from “neutral.” Alumina, a partner in the world’s biggest producer of the material used to make aluminum, said on Aug. 11 first- half profit climbed 53 percent.
Alumina Ltd. (AWC) climbed 8.2 percent to A$1.97 after Macquarie Group Ltd. upgraded the stock to “outperform” from “neutral.” Alumina, a partner in the world’s biggest producer of the material used to make aluminum, said on Aug. 11 first- half profit climbed 53 percent.
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