Asian stocks rose, with the regional benchmark index headed for a second month of advance, as the yen touched a 27-month low on prospects for more stimulus and China’s industrial companies’ profit gained.
Nikkei 225 10,322.98 +92.62 +0.91%
S&P/ASX 200 4,647.96 +12.77 +0.28%
Shanghai Composite 2,205.9 -13.23 -0.60%
Mazda Motor Corp., an automaker that gets 28 percent of its sales in North America, advanced 7.1 percent in Tokyo as newly installed premier said “bold’ monetary policy is one of the three pillars of his economic measures.
Guangzhou R&F Properties Ltd., a builder in the southern Chinese city, rose 0.8 percent in Hong Kong, whose equity market reopened after a two-day holiday.
SK Telecom Co., the mobile telephone carrier among 119 companies trading without rights to year-end dividends on South Korea’s benchmark index, dropped 4.1 percent.
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