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Asian stocks outside Japan rose, with a gauge of regional shares heading for the highest close in five months, as consumer companies advanced. Japanese equities fell after the yen rose the most since August.
Nikkei 225 14,299.69 -307.19 -2.10%
S&P/ASX 200 5,463.8 +53.17 +0.98%
Shanghai Composite 2,100.94 +2.65 +0.13%
David Jones Ltd., Australia’s biggest department store by market value, surged 23 percent after agreeing to a takeover offer from South African retail chain Woolworths Holdings Ltd.
Nissan Motor Co., which gets about 79 percent of its car sales outside Japan, slid 2.6 percent.
Mitsui O.S.K. Lines Ltd. retreated 5.5 percent in Tokyo as the world’s largest merchant-fleet operator sells convertible bonds.
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