YEREVAN, September 13. /ARKA/. Asian stocks achieved strong gains for the week, especially in Southeast Asia, though regional markets were mostly lower on Friday ahead of next week’s key Federal Reserve policy meeting.

Stocks across Asia posted healthy returns since last Friday, as further signs of an economic recovery in China combined with lower expectations of U.S. military intervention in Syria supported regional risk sentiment.

Notable events during the week include Australia closing at a more than five-year high on Wednesday and the Shanghai Composite enjoying its biggest percentage gain so far in 2013 on Monday.

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Asian markets are mostly trading higher on Monday, with the recent batch of economic data out of China lifting sentiment to a notable extent, RttNews reported

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Most Asian shares turned around a four-day losing streak and rose on Wednesday as investors took comfort from U.S. data underscoring an American recovery and assurances from China’s central bank that it will offer funds to banks if needed

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China’s benchmark index out-performed the broader Asian market for a second straight session on Friday as investors cheered moves by the government to ease strict regulation while the rest of Asia’s equity markets traded cautiously as concerns grew over a U.S. Federal Reserve exit from quantitative easing

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Asian stock markets rose Friday, finding renewed strength from a fall in U.S. jobless benefit claims and an interest rate cut by the European Central Bank intended to boost the region’s ebbing economy

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Armenia expects $60 million from Asian Development Bank for recovering rural roads, Transport and Communication Minister Gurgen Sargsyan said on Wednesday.

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