Asia Pacific stocks close

Asian stocks headed for the first weekly gain in a month after Federal Reserve chairman nominee Janet Yellen said she would continue U.S. stimulus and amid speculation China will release detail of economic reform.

Nikkei 225 15,165.92 +289.51 +1.95%

S&P/ASX 200 5,401.67 +46.24 +0.86%

Shanghai Composite 2,135.83 +35.32 +1.68%

Japan’s Nikkei 225 Stock Average surged beyond 15,000 for the first time since May, rising 1.9 percent and on course for its biggest weekly gain since December 2009.

China’s CSI 300 Index jumped 2.9 percent, heading for its biggest increase in two months, amid optimism detail of policy changes decided at a Communist Party plenum will be released next week.