(Bloomberg) -- Asian stocks rose in U.S. trading after
Posco bought its shares to fend off takeovers and Alumina Ltd.
gained amid speculation more acquisitions may take place in the
aluminum industry.
The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, added 0.2 percent to 174.64,
rounding out the week with a 1.7 percent gain. That's the
benchmark's third consecutive weekly advance.
Read more at Bloomberg Stocks News
Posco bought its shares to fend off takeovers and Alumina Ltd.
gained amid speculation more acquisitions may take place in the
aluminum industry.
The Bank of New York Co.'s Asia ADR Index, tracking the
region's American depositary receipts, added 0.2 percent to 174.64,
rounding out the week with a 1.7 percent gain. That's the
benchmark's third consecutive weekly advance.
Read more at Bloomberg Stocks News
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