March 2, 2021
Business News

Stocks gain as vaccine shields second wave worries –

By Tom Westbrook
SYDNEY (Reuters) – Asian stocks hit a record high on Monday as vaccine optimism and strong economic data from China and Japan outshone worries about rising coronavirus cases, lifting just about every sector.
MSCI’s broadest index of Asia-Pacific shares outside Japan (MIAPJ0000PUS) gained 1% to hit its highest since its launch in 1987 with markets across the region making milestone peaks.
Japan’s Nikkei (N225) traded at 29-year highs, South Korea’s Kospi (KS11) at its highest since…

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