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Asian stocks rose, with the regional benchmark index poised to advance for a third day, as better- than-forecast U.S. home sales boosted optimism in the world’s largest economy.
Nikkei 225 9,142.64 -10.56 -0.12%
S&P/ASX 200 4,385.68 +24.23 +0.56%
Shanghai Composite 2,008.92 -8.06 -0.40%
Techtronic Industries Co., the maker of Ryobi power tools that counts North America as its biggest market, jumped 4.7 percent in Hong Kong.
Samsung Electronics Co., the world’s No. 1 manufacturer of smartphones, gained 2.4 percent in Seoul after a U.S. trade agency agreed to review its patent case versus Apple Inc.Osaka Securities Exchange Co. added 1.9 percent as shareholders approved its $1.6 billion merger with Tokyo Stock Exchange Group Inc.
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