Asia Pacific stocks inch higher as investors await Trump-Xi meeting – CNBC
Markets in Asia Pacific advanced on Thursday as investors awaited the meeting between U.S. President Donald Trump and Chinese President Xi Jinping at the G-20 summit.
The Nikkei 225 rose 1.19% to close at 21,338.17, while the Topix index added 1.23% to finish its trading day at 1,553.27.
Shares of troubled Apple supplier Japan Display soared 18.33% after Japanese media reported that the tech giant would inject $100 million into the company.
Mainland Chinese shares rose on the day, with the Shanghai composite adding 0.69% to 2,996.79 and the Shenzhen component rising 1.28% to 9,239.48. The Shenzhen composite also advanced 1.092% to 1,577.56.
Hong Kong’s Hang Seng index also added 1.36%, as of its final hour of trading.
In South Korea, the Kospi gained 0.59% to close at 2,134.32, while Australia’s S&P/ASX 200 rose 0.39% to end its trading day Down Under at 6,666.30.