Asian stocks rose for a seventh week, with the regional benchmark matching its longest winning streak since 2005, as improved manufacturing reports in the U.S., China, India and Europe overshadowed a stalemate over Greek debt negotiations.
The MSCI Asia Pacific Index gained 1.1 percent over the week matching a seven-week rally that ended Oct. 15, 2010, according to data compiled by Bloomberg.
In January, the measure posted its biggest monthly advance since September 2010 amid bets China will ease lending curbs and the U.S. economy is improving.
Gains in stocks could have been bigger as Greece didn’t reach an agreement with its creditors.
More than half of the 254 companies on the Asia-Pacific index that reported earnings from Jan. 9 to Feb. 3 missed estimates, according to data compiled by Bloomberg News.