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Asian stocks rose for a fifth day, on course for the longest streak of gains in six weeks, amid low trading volumes as Hong Kong canceled trading due to a typhoon and earnings surged at Tata Steel Ltd.
Nikkei 225 14,050.16 +183.16 +1.32%
S&P/ASX 200 5,157.42 -0.28 -0.01%
Shanghai Composite 2,100.14 -6.02 -0.29%
Tata Steel, India’s biggest producer, gained 6 percent as it posted its best quarterly earnings in two years.
Leighton Holdings Ltd. sank 6 percent after earnings missed estimates at Australia’s largest builder.
Hokuetsu Kishu Paper Co. dropped 1.8 percent after Japan’s No. 3 paper maker by market value cut its profit forecast.
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