Asian stocks rises to One month high

Asian stocks rises to one month high- Strong technology stock drove rally in Asian market on before two days as last week's US consumer sentiment data fuelled optimism about the global recovery.
Tokyo led the region higher as the Nikkie 225 average climbed 1.8% to 9,879.85 with in sight of its 25day moving average.The indicator was last above  its 25day moving average in late April.The broader topic index
gained 1.4% to 1.476 in shares. In the semiconductor sector,Advantest rose 2.1% to Y1,974 and Tokyo Electron  added 1.3% to Y5,630.Other big experts got a boost from the weaker tone of the Yen against the
Euro. Sony gained 1.8% to Y2,618yen and Canon rose 1.6% to Y3,225 and Honda climbed 4% to Y2,711.Shipping lines also made hefty gains with Nippon yusen up 5.1% at Y351 and kawasaki kisen 4.1%
higher at Y380.
In the property sector ,Tokyo hand jumped 5.2% to Y347 and mitsubhishi Estate gained 2.2% to Y1,342 following positive broker comment on both stocks. Seoul pushed amid steady buying of technology  and retailing stocks by foreign investors.The Kospi rose 0.9% 1,690.60 .Samsung electronics gained 1.3% to
won807.000 andHynix semiconductor added  0.8% to won 260.000.
LG display rose to 1.5% to won 41,750. Among the retailer Lottee shopping rose 0.9 to won349,500 and
shinsega added 1.5% to won 526,000.
Daewoo shipbuilding & Marine Engineering added 2.4% to won 19,100after it got an order from a Euro-
pean company.Tech stocks also gained ground in Taipi., with Taiwan semiconductor manufacturing up 1%
at T$61.10 higher at T$423.Cathay Financial rose 2.1% to T$46.65 and shin kong added 1.8% to T$11.05.
The weighted index rose 1.2% to 3week high of 7,387.40.
The Hang Sang index gained 0.9%  to 20,051.91 while the index of China Enterprise stocks rose to 1.6%.
Optimism about the global recovery helped Esprit holidays, the Clothier group which makes more turnover
overseas  climbed to 3.1% to Hk$45.65.Yeu Yuen industrial which make shoes  rose 1.3% to HK$23.45.
Mumbai ended higher for fourth consecutive session led by 1.6% rise to Rs.1,063.4 for market heavy weight. Reliance industries,infosys technologies rose 4.3% to Rs.2,747.25 and rival software group Tata
consultancy  added 2.9%  to Rs.780.50.The BSE Sensex rose1.6%  to17,338.17