Asian stocks gained, with a regional gauge excluding Japan heading for its highest close in more than a year after U.S. jobs data topped estimates and China’s factory output and retail sales signaled a quickening economic recovery.
Nikkei 225 9,533.75 +6.36 +0.07%
S&P/ASX 200 4,557.95 +6.19 +0.14%
Shanghai Composite 2,083.77 +21.98 +1.07%
Yue Yuen Industrial Holdings Ltd., a maker of shoes for Nike Inc., gained 1.9 percent in Hong Kong.
Rio Tinto Group, the world’s second-largest mining company, rose 1.9 percent in Sydney after Chinese industrial production beat estimates.
Advantest Corp., the largest producer of semiconductor-testing devices, jumped 5.1 percent in Tokyo after saying orders will rise.
Hino Motors Ltd. slid 1.3 percent after recalling trucks in the U.S. due to a battery flaw.