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Asian stocks rose, with the regional equities gauge rebounding from last week’s decline, after weaker than forecast U.S. consumer confidence spurred bets the Federal Reserve will maintain stimulus.
Nikkei 225 14,396.04 +307.85 +2.19%
Hang Seng 22,806.58 +108.24 +0.48%
S&P/ASX 200 5,441.41 +55.06 +1.02%
Shanghai Composite 2,133.87 +0.91 +0.04%
CSL Ltd. , a maker of blood-derived therapies that gets more than a third of its sales in the U.S., advanced 3 percent in Sydney.
Toyota Motor Corp. gained 1.8 percent in Tokyo as the yen weakened against the dollar, boosting the earnings outlook for Asia’s largest carmaker.
Kingsgate Consolidated Ltd. fell 5 percent in Sydney as the gold miner reported an 18 percent drop in quarterly output.
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