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Asian stocks rose as Capcom Co. forecast higher profit and Mitsubishi Corp. posted better-than- estimated earnings, helping the regional benchmark index rebound after political change in Europe sparked its biggest loss in six months yesterday.
Nikkei 225 9,181.65 +62.51 +0.69%
Hang Seng 20,424.68 -111.97 -0.55%
S&P/ASX 200 4,314.3 +13.01 +0.30%
Shanghai Composite 2,448.88 -3.06 -0.12%
Capcom jumped 5.3 percent in Tokyo after the video-game developer said full-year net income will increase 46 percent.
Mitsubishi, Japan’s biggest trading house, gained 3.7 percent after reporting profit that topped estimates.
Iluka Resources Ltd. slumped 12 percent in Sydney after the world’s largest zircon producer cut its forecast for the mineral.
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