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Asian stocks rose, with the regional index heading for a five-month high, as Senate leaders said they’re optimistic they will forge a deal to reopen the U.S. government and avoid a breach of the debt limit this week.
Nikkei 225 14,441.54 +36.80 +0.26%
Hang Seng 23,336.52 +118.20 +0.51%
S&P/ASX 200 5,259.15 +51.28 +0.98%
Shanghai Composite 2,233.41 -4.36 -0.19%
James Hardie Industries SE, a maker of building materials that gets about 70 percent of sales from the U.S., increased 2.1 percent in Sydney.
SJM Holdings Ltd., Asia’s biggest casino operator, jumped to a record high after Macquarie Group Ltd. raised its growth outlook for Macau’s gaming market.
Hankook Tire Co., South Korea’s No. 1 tiremaker, advanced 1.9 percent after announcing plans to build its first factory in the U.S.
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