BANGKOK (AP) — Asian stock markets climbed Monday after U.S. unemployment fell to its lowest in three years, suggesting a stronger recovery in the world’s No. 1 economy that could benefit the region’s exporters.
Benchmark oil remained above $97 per barrel while the dollar rose against the euro and the yen.
Japan’s Nikkei 225 index rose 1.1 percent to 8,931.81 after briefly grazing its highest level in more than three months. South Korea’s Kospi dipped 0.2 percent to 1,968.72 while Hong Kong‘s Hang Seng was 0.5 percent higher at 20,862.18.
Australia’s SP ASX/200 added 1.1 percent to 4,295.70, while benchmarks in Singapore, mainland China and the Philippines also rose. Taiwan’s and Indonesia’s main indexes fell.
On Friday, the Dow Jones industrial average was propelled to its highest close
Read More from the Article Source: Full Article
