Nikkei:9,050.47 (+123.93) Hang Seng:20,019.24 (+330.54) Shanghai Comp:2,473.41 (+37.80)
ASIAN STOCKS rose, sending the regional benchmark index toward its biggest weekly gain in more than two years, as the fastest US economic growth in a year and Europe’s debt deal boosted the outlook for exporters.
Honda, Japan’s second-largest carmaker by market value that gets 83 per cent of its revenue abroad, rose 4.4 per cent after US household purchases beat estimates.
HSBC Holdings, Europe’s biggest lender, advanced 4.2 per cent.
Jiangxi Copper, China’s No 1 producer of the metal by market value, increased 1.4 per cent after metal prices gained.
Honda added 4.4 per cent to 2,498 yen. Samsung Electronics, South Korea’s biggest exporter of consumer electronics, rose 2.3 per cent to 945,000 won. Li and Fung, a supplier of toys and clothes to Wal-Mart Stores, jumped 5.4 per cent to HK$15.56.
Nintendo, Japan’s maker of video-game players that gets 39 per cent of its sales in the Americas, jumped 6 per cent to 11,780 yen.
HSBC rallied 4.2 per cent to HK$70.10. Jiangxi Copper rose 1.4 percent to HK$20.05. –(Bloomberg)
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