Asia’s benchmark stock index rose to the highest level in 18 months as U.S. payrolls expanded and China services industries grew at the fastest pace since August, adding to optimism in the global economic recovery.
Nikkei 225 11,260.35 +69.01 +0.62%
S&P/ASX 200 4,907.52 -13.58 -0.28%
Shanghai Composite 2,428.15 +9.13 +0.38%
Rio Tinto Group, the world’s second-largest mining company, advanced 1.2 percent in Sydney, leading gains among companies with earnings closely tied to economic growth.
Sony Corp., trying to reverse a two-year decline in PlayStation sales, surged 7.5 percent in Tokyo amid speculation the firm is prepping a new version of the home console.
Panasonic Corp., Japan’s second-largest TV maker, soared 17 percent after reporting an unexpected third-quarter profit.