MSCI's broadest index of Asia-Pacific shares to soar 3% this year

MSCI's broadest index of Asia-Pacific shares outside Japan rose at the close today Wednesday, more than 1% to an over four-month high as it was on track for a 2.8% gain this month and looked set to end the year nearly 3% higher, after having declined more than 20% in 2022, its worst performance since world financial crisis in 2008.