TOKYO (Reuters) – Asian shares rose on Monday as surprisingly robust U.S. jobs data bolstered investor risk appetite, overshadowing worries about a lack of progress in Greek debt restructuring talks that are vital to containing the euro zone crisis.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.3 percent after climbing as much as 0.7 percent earlier to its highest in more than five months. The index recorded a fifth successive weekly gain last week.
Japan’s Nikkei average rose to a three-month high just shy of 9,000 and was last up 1.1 percent at 8,925.
Global economies showed further evidence of resilience last month, with U.S. job creation far exceeding expectations while services sector activity accelerated surprisingly to its highest in nearly a year. The euro zone’s private sector economy expanded in January for the first time sine August, easing fears of a recession.
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