Weekly Roundup: Asian Stocks Rise On Upbeat US Data

Asian markets rose in the week with investor sentiment turning positive following the encouraging economic indicators from the U.S. Japan's Nikkei 225 Stock Average gained 1.3 percent and closed at 9051.22. South Korea's Kospi Index rose 1.4 percent and closed at 1918.72. Trading in the U.S. markets was affected Monday and Tuesday due to Superstorm Sandy hitting the country's east coast.