Asian stocks rallied Tuesday, following strong gains on
Wall Street that snapped five straight days of losses. Investors may have also been buoyed by increased optimism over a Brexit vote in the British Parliament later in the day
after Prime Minister Theresa May
won last-minute concessions from the EU on the so-called Irish backstop.
Japanâ??s Nikkei
NIK, +1.96%
آ* gained 1.9% and Hong Kongâ??s Hang Seng index
HSI, +1.38%
آ* rose 1.4%. On the Chinese mainland, the Shanghai Composite
SHCOMP, +1.61%
آ* advanced 1.5% while the smaller-cap Shenzhen Composite
399106, +1.94%
آ* rose 1.7%. South Koreaâ??s Kospi
SEU, +0.86%
آ* nudged up 0.9% and Australiaâ??s S&P/ASX 200
XJO, +0.42%
آ* inched up 0.3%. Indexes rose in Taiwan
Y9999, +1.17%
آ* and Singapore
STI, +0.96%
آ*, but Indonesia
JAKIDX, -0.26%
آ* was slightly in the red.
Among individual stocks, Hitachi
6501, +4.50%
آ* surged in Tokyo trading, as did Nintendo
7974, +3.83%
آ* , Sony
6758, +2.47%
آ* and Fast Retailing
9983, +2.48%
آ*. Telecom China Mobile
0941, +1.33%
آ* and insurer AIA
1299, +1.82%
آ* gained in Hong Kong, while Samsung
005930, +1.83%
آ* rose in Korea. Energy stocks such as Santos
STO, +2.87%
آ* and Beach Energy
BPT, +3.50%
آ* advanced again in Australia.
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