Asian shares gain as Trump fuels trade deal optimism, oil firm on OPEC+ output cut
SYDNEY/TOKYO: Asian stocks gained on Friday as investors took heart from US President Donald Trump saying trade talks with China were “moving right along”, and US oilNSE -1.63 % prices sat near 2-1/2-month highs after OPEC and other producers areed to cut output.
MSCI’s broadest index of Asia-Pacific shares outside Japan was up 0.5 per cent and Japan’s Nikkei added 0.3 per cent.
Australian shares rose 0.2 per cent and South Korea’s Kospi climbed 0.8 per cent, while China’s Shanghai Composite and Hong Kong’s Hang Seng indexes gaining 0.1 per cent and 0.9 per cent, respectively.
