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Asian stocks rose after U.S. consumer confidence climbed to a six-year high, buoying investor optimism about the outlook for the world’s biggest economy.
Nikkei 225 14,477.16 +53.97 +0.37%
Hang Seng 21,887.75 +155.43 +0.72%
S&P/ASX 200 5,376.75 +40.13 +0.75%
Shanghai Composite 2,063.67 -3.64 -0.18%
Samsung Electronics Co., a consumer electronics maker that gets a fifth of its revenue in America, rose 3 percent in Seoul.
China Mengniu Dairy Co., the country’s largest dairy producer, soared 8.6 percent in Hong Kong after posting a 25 percent profit gain last year.
Kirin Holdings Co. advanced 2.6 percent on a report the Japanese beverage maker will raise its annual dividend to at least 40 yen and consider a share buyback.
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