Asian share markets posted strong gains on Tuesday, as an upbeat forecast for global economic growth and the end of the US government shutdown helped lift sentiment.
Japan’s benchmark Nikkei 225 index jumped 1.3 per cent to 24,117.51 and South Korea’s Kospi advanced 1.1 per cent to 2,529.95. Hong Kong’s Hang Seng rose 1.2 per cent to 32,766.46.
The Shanghai Composite in mainland China climbed 0.3 per cent to 3,513.40. Australia’s S&P/ASX 200 gained 0.8 per cent to 6,037.00.
Taiwan’s benchmark rose and Southeast Asian indexes were mostly higher, reports AP.
The S&P 500 index picked up 0.8 per cent to close at 2,832.97. The Dow Jones industrial average rose 0.6 per cent to 26,214.60. The Nasdaq composite added 1.0 per cent to 7,408.03.
The dollar slipped to 110.81 yen from 110.93 yen in late trading Thursday. The euro weakened to $1.2259 from $1.2263.
Oil futures extended gains. Benchmark US crude rose 36 cents to $63.93 a barrel in electronic trading on the New York Mercantile Exchange. The contract rose 26 cents to $63.57 a barrel on Thursday.
Brent crude, used to price international oils, added 37 cents to $69.40 a barrel in London.