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Asian stocks rose, paring the regional benchmark index’s first weekly drop since June, as global manufacturing reports beat forecasts and central banks vowed to maintain stimulus.
Nikkei 225 14,466.16 +460.39 +3.29%
Hang Seng 22,138.93 +50.14 +0.23%
S&P/ASX 200 5,116.76 +55.27 +1.09%
Shanghai Composite 2,029.42 +0.35 +0.02%
Honda Motor Co., which gets about 83 percent of sales outside of Japan, advanced 2.9 percent, pacing gains among exporters.
Sharp Corp., which supplies screens to Apple Inc., rose 3.4 percent in Tokyo after posting a narrower loss than expected.
Hutchison Whampoa Ltd., controlled by Asia’s richest person Li Ka-shing, jumped 4.3 percent in Hong Kong after reporting profit that surpassed expectations amid growth at its infrastructure business.
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