Most Asian Stocks Rise as Japan’s Topix Caps Four Weeks of Gains
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Most Asian stocks rose as Japan’s Topix index capped four weeks of gains following a rally in U.S. markets. Chinese shares fell ahead of the start of the Hong Kong-Shanghai trading link next week.
Honda Motor Co., the carmaker that gets about 84 percent of sales from overseas, advanced 2.6 percent after the yen weakened. Nexon Co. jumped 15 percent after the online-game maker’s profit beat estimates. Olam International Ltd. slumped 6.6 percent in Singapore after the supplier of agricultural commodities posted weaker earnings.