TOKYO: Asian stocks rose for a third straight day as investors bet that policymakers will take steps to prevent further market uncertainty following the UK’s decision to leave the European Union.
The broad-based MSCI Asia Pacific Index rose 0.3%, which makes it on track to log a more than 3% climb this week.
In Tokyo, the benchmark Nikkei 225 rose 0.5% while the Topix gained 0.8%.
South Korea’s Kospi and Australia’s S&P/ASX 200 both rose 0.8%.
Hong Kong and Thailand’s stock markets are closed for holidays.
Gold, considered a safe haven investment in times of uncertainty, headed for its fifth week of gains, with bullion for immediate delivery trading at $1,322 an ounce.
