Business News: Asian stocks have risen for a third day running


Asian stocks have risen for a third day running, as investors bet that policymakers will take steps to prevent further market uncertainty following the UK’s decision to leave the EU.The broad-based MSCI Asia Pacific Index rose 0.5%, which brought its gains this week to more than 3%.In Tokyo, the benchmark Nikkei 225 closed 0.68% higher, while the Topix gained 0.69%.
South Korea’s Kospi rose 0.9% and Australia’s S&P/ASX 200 added 0.25%.
In China, the Shanghai Composite closed 0.1% higher.
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