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Asian stocks rose, paring the regional benchmark index’s first weekly decline in three weeks, as Apple Inc.’s iPhone 5 debut boosted information technology shares and energy companies advanced on higher crude prices.
Nikkei 225 9,110 +23.02 +0.25%
S&P/ASX 200 4,408.3 +11.07 +0.25%
Shanghai Composite 2,026.69 +1.85 +0.09%
Samsung Electronics Co., a smartphone maker that gets 9 percent of its sales from Apple, gained 1.2 percent in Seoul as the new iPhone went on sale.
Inpex Corp., Japan’s No.1 energy explorer, advanced 2 percent as crude oil rebounded from a 7.2 percent drop in the past four days.
GrainCorp Ltd. rose 1.2 percent as JPMorgan Chase & Co. advised buying shares of eastern Australia’s largest grain handler.
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