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Asian Stocks Advance: Alibaba Group (BABA), Taiwan Semiconductor Mfg. Co. Ltd. (TSM),Youku Tudou (NYSE:YOKU), JD.Com Inc (JD), ICICI Bank Ltd (IBN)

Asian stocks rose as gains in crude prices lifted oil shares and data showing strength in consumption boosted confidence in the U.S. economy. Japanese shares fell as a strengthening yen weighed on the profit outlook for exporters.

The MSCI Asia Pacific Index climbed 0.2 percent to 131.31 as of 3:47 p.m. in Tokyo, with energy and material companies leading the advance among the measure’s 10 industry groups. Markets in Australia, Hong Kong and Singapore rose in shortened trading days Thursday, while Malaysia, Indonesia, the Philippines and Sri Lanka were shut. BHP Billiton Ltd., the world’s biggest mining company, surged 5.3 percent in Sydney.

A rally this week is brightening the poor performance of Asian shares in 2015. The MSCI Asia Pacific gauge is on course to drop 4.8 percent this year for the first back-to-back losses since 2002 amid decelerating Chinese growth and a rout in commodities. The Standard & Poor’s 500 Index erased its loss for the year on Wednesday as the measure climbed 1.2 percent.

“Equity markets look keen to have a good Christmas break and deal with the hangover of ongoing systemic issues in the new year,” said Angus Nicholson, a Melbourne-based market analyst at IG Ltd. U.S. personal income “was yet another data point that further underlines the improving employment situation. The bounce in commodity stocks is only ephemeral; the ongoing issues for these industries are far from solved.”

Alibaba Group Holding Ltd (NYSE:BABA) through its subsidiaries, operates as an online and mobile commerce company in the People’s Republic of China and internationally. The Company shares are trading 46.35% above their 52 week low price after the last close and -22.25% below the 52 week high. Its latest closing price was down 5.61% from the average-price of 200 days while it kept its distance from the SMA50 at 4.19% and 0.45% compared with the SMA 20.

Taiwan Semiconductor Mfg. Co. Ltd. (ADR) (NYSE:TSM) engages in the computer-aided design, manufacture, packaging, testing, sale, and marketing of integrated circuits and other semiconductor devices. The Company so far this year has moved down 6.73% and its monthly performance stands at 2.89 %.The stock was up 33.66% from its 52 week low and was -7.31% below the 52 week high. Its latest closing price was down 3.99% from the average-price of 200 days while it kept its distance from the SMA50 at 2.41% and 1.19% compared with the SMA 20.

Shares of Youku Tudou Inc (ADR) (NYSE:YOKU) were 128.61% up 52 week lows as of the latest close and -14.00% below the 52 week high. Its latest closing price was up 26.80% from the average-price of 200 days while it maintained a distance from the SMA 50 at 4.69% and 0.41% compared with the SMA 20. Youku Tudou Inc. operates as an Internet television company in the People’s Republic of China.

JD.Com Inc (ADR) (NASDAQ:JD) operates as an online direct sales company in the People’s Republic of China.  The stock’s latest price traded at 51.18 % up 52 week lows after the closing bell and was -14.26 % behind its 52 week high. Its latest closing price was 6.37% below the SMA200 while the distance from the SMA 50 and SMA 20 was 10.45% and 2.90% respectively.

ICICI Bank Ltd (ADR) (NYSE:IBN) is trading 9.87% higher than the 52 week low price and -39.39% behind the 52 week high. The stock’s latest closing price was -16.07 % down from the average-price of 200 days while it kept its distance from the SMA50 at -3.81% and 1.43% compared with the SMA 20. ICICI Bank Limited, together with its subsidiaries, provides banking and financial services in India and internationally.