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Asian stocks rose, with the regional benchmark index rebounding from last week’s drop, as the yen weakened, Iran agreed to limit its nuclear program and investors bet improving U.S. economic data will boost earnings.
Nikkei 225 15,619.13 +237.41 +1.54%
S&P/ASX 200 5,352.83 +16.92 +0.32%
Shanghai Composite 2,186.12 -10.26 -0.47%
Nikon Corp. advanced 3.6 percent as the yen touched the weakest level in almost six months against the dollar, boosting the outlook for Japanese exporters.
Warrnambool Cheese & Butter Factory Co. climbed 2 percent in Sydney after Saputo Inc. raised its offer for the dairy.
Beadell Resources Ltd. slumped 8.4 percent, leading Australian gold miners lower as the price of the precious metal retreated after Iran agreed to limit its nuclear program in exchange for as much as $7 billion of relief from economic sanctions.
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