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Asian stocks climbed, halting a two- day retreat, as Japan’s Nikkei 225 Stock Average reversed losses after the yen weakened and Alumina Ltd. jumped as partner Alcoa Inc. posted sales that beat estimates.
Nikkei 225 10,578.57 +70.51 +0.67%
Hang Seng 23,218.47 +107.28 +0.46%
S&P/ASX 200 4,708.14 +17.89 +0.38%
Shanghai Composite 2,275.34 -0.73 -0.03%
Alumina rose 4.6 percent in Sydney after Alcoa kicked off U.S. earnings season.
Chemical maker Nufarm Ltd. rallied 6.2 percent in Sydney after Monsanto Co., the world’s biggest seed company, raised its profit forecast.Honda Motor Co. and Toyota Motor Corp. both climbed more than 1 percent as the yen fell against all of its major counterparts.
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