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Asian stocks rose, with the regional benchmark index set for the highest close in almost three months, after the yen fell and Apple Inc. reported quarterly profit more than doubled, boosting the earnings outlook for Asian exporters.
Nikkei 225 8,884 +98.36 +1.12%
Hang Seng Closed
S&P/ASX 200 4,271 +47.11 +1.12%
Shanghai Composite Closed
Sony Corp. (6758), Japan’s No. 1 exporter of consumer electronics, advanced 4.8 percent. Hynix Semiconductor Inc. (000660) paced gains among suppliers to Apple after the world’s largest technology company gained in after-hours trading. Lynas Corp., an Australian rare- earths miner, rose 5.1 percent after selling a $225 million convertible bond to help fund a delayed refinery.
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