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Asian stock indices climbed due to the stronger-than-expected Chinese trade data. Chinese trade surplus rose to $18.46 billion in April, from $7.71 billion in March, beating expectations of an increase to $13.1 billion.
Indexes on the close:
Nikkei 225 14,163.78 +130.33 +0.93%
Hang Seng 21,837.12 +90.86 +0.42%
Shanghai Composite 2,015.27 +5.19 +0.26%
Mitsubishi shares increased 6.6% after the company released better than expected earnings and said it will buy back its stocks.
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