MSCI’s broadest index of Asia-Pacific shares outside Japan rose 0.2 percent, building on the previous day’s gains to make a fresh peak. Australian stocks were flat, the Republic of Korea’s KOSPI added 0.2 percent and Japan’s Nikkei was last up 0.4 percent after reaching its highest level since late 1991. Shanghai rose 0.4 percent and China’s Hong Kong’s Hang Seng advanced 0.4 percent. US stocks jumped on 17 January and the Dow closed above 26,000 for the first time as investors’ expectations for higher earnings lifted stocks across sectors. Optimism over prospects for sustained strong global growth and improved corporate earning shave helped share markets rally at the start of 2018. “Events related to the Democratic People’s Republic of Korea pose potential risks, but there are very few factors holding equities back at the moment,” said Junichi Ishikawa, senior FX strategist at IG Securities in Tokyo. “And bullish US stocks, higher Treasury yields and signs of the euro’s recent surge running its course are all dollar-supportive factors,” Ishikawa said. The dollar was steady at 111.310 yen after surging 0.75 percent overnight, when it bounced from a four-month low of 110.190.