Asian stocks rise after the stability of the growth data in China

Asian stock indices rose during trading on Wednesday after the Chinese economy announced the stability of the growth rates, to approve expectations during the third quarter, which support higher stock indices for the second consecutive day in light of the optimism in the markets this week.

The MSCI Asia Pacific Index rose 0.3%, on the other hand, Asian stocks found support from expectations that the Federal Reserve Bank on its way to raise interest rates before the end of the year, to delay the decisions of the other gradual lifting of interest thereafter.

Japanese stocks rose in today's trading as the broader Japanese Topix index rose 0.02% to witness adding 0.21 points up to 1,051.14 level, while the main 225 shares of Japanese Nikkei rose 0.14%, to win 23.55 points up to 16,987.16 level.

Chinese stock indices witnessed a rise in today's trading, where CSI 300 index witnessed a rise of 0.13% to win 4.26 points and reach 3,325.59 level, as the Shanghai index rose 0.21% to win 6.33 points reaching 3,090.20 level.

While the Hang Seng index of Hong Kong shares fell by 0.10%, to deduct 24.43 points and reach 23,369.96 level, and the Kospi index of South Korean shares rose 0.36%, to win 7.40 points up to 2,047.83 level.

As for the index NZX 50 of New Zealand shares fell by 0.07% to deduct 4.64 points up to 6,968.45 level, on the other hand, S & P / ASX 200 index of Australian shares rose 0.37% to win 19.95 points and reach 5,430.70 level.