Hopes for stimulus lift Asian stocks

Source: Marketwatch
© ScanPix/Reuters
Asian equities cruised higher on Friday, following the encouraging lead from the Wall Street, while expectations of further stimulus from Beijing and Tokyo also improved investors' mood. The Japanese Nikkei rose 1.08%, the Shanghai Composite Index advanced 1.62%, while Hong Kong's Hang Seng added 0.74%. The Australian S&P ASX closed 0.73% higher, while South Korea's Kospi index edged 0.15% lower.
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