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Asian stocks rose, with a
regional benchmark index headed for the highest closing level in
six weeks, amid optimism central banks will maintain loose monetary
policies to boost economic growth.
Nikkei 225 13,884.13 -41.95 -0.30%
Hang Seng 22,547.96 +0.25 0.00%
S&P/ASX 200 5,125.8 +28.29 +0.56%
Shanghai Composite 2,177.91 -21.40 -0.97%
ZTE Corp. gained 3.6 percent in Hong Kong as China's second-biggest maker of mobile-phone equipment returned to profit in the first three months of this year.
Westpac Banking Corp. jumped 1.7 percent, leading Australian banks higher, as analysts forecast the country's second-largest lender will announce increased profit this week.
OCI Co. lost 2.1 percent, heading for its lowest closing level in more than five years, after clients canceled 1.46 trillion won ($1.3 billion) of polysilicon orders with the South Korean chemical manufacturer.
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