Asian stocks rose, with the regional benchmark gauge heading for a 10-day advance, as Japan’s Nikkei 225 Stock Average capped its biggest annual gain since 1972 after the yen extended losses past 105 to the dollar.
Nikkei 225 16,291.31 +112.37 +0.69%
Hang Seng 23,244.87 +1.63 +0.01%
S&P/ASX 200 5,356.8 +32.74 +0.61%
Shanghai Composite 2,097.53 -3.72 -0.18%
Nikon Corp., a Japanese camera maker that counts North America as its biggest market, added 1.3 percent.
Forge Group Ltd., an engineering services firm, soared 55 percent in Sydney as its contract at the Roy Hill mine starts.
Nippon Paper Industries Co., Japan’s second-biggest company in the sector, slid 5.9 percent on a report operating profit probably dropped.