The first back-to-back gains for stocks in the region for three weeks was powered by the biggest rises of the year in Shanghai and Hong Kong as sentiment shifted towards the view that recent losses may have been overdone.
The FTSE Asia-Pacific index advanced 1.3 per cent to 226.80 yesterday with commodity stocks benefiting from this week's upbeat global manufacturing data and financials gaining on easing fears over monetary tightening.
The Shanghai Composite, the world's worst performing index so far this year, bounced back to retake the key support level of 3,000, up 2.4 per cent to 3,003.83, its biggest gain in six weeks.
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