Australia’s S&P/ASX 200 AU:XJO +1.02% gained 1%, South
Korea’s Kospi KR:SEU +1.22% added 1.3%, Hong Kong’s Hang Seng Index HK:HSI
+0.53% rose 0.6%, and China’s Shanghai Composite CN:SHCOMP +0.30% advanced
0.3%.
Japanese stocks rally after the yen
falls and U.S. shares advance.
Japan’s Nikkei Stock Average JP:NIK +2.52% was the region’s strongest performer, jumping 2.4% as the U.S. dollar USDJPY +0.34% climbed toward the ¥99-level and after a Reuters survey showed local manufacturers’ optimism rose to the highest level in three years.
The performance helped the Nikkei Average, the Shanghai Composite and the S&P/ASX 200 all erase losses they had accumulated earlier in the week.
Japan’s Nikkei Stock Average JP:NIK +2.52% was the region’s strongest performer, jumping 2.4% as the U.S. dollar USDJPY +0.34% climbed toward the ¥99-level and after a Reuters survey showed local manufacturers’ optimism rose to the highest level in three years.
The performance helped the Nikkei Average, the Shanghai Composite and the S&P/ASX 200 all erase losses they had accumulated earlier in the week.
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