Japan stocks rebounded on Monday, ending June with a strong monthly gain of 3.6%, the market’s biggest advance since January.
Japan’s Nikkei 225 index moved higher 67.10 points, or 0.4%, to 15,162.10. The index gained 2.3% for the second quarter, but still marked a weak finish to the first half with a nearly 7% fall.
The Hang Seng Index in Hong Kong subtracted 30.80 points, or 0.1%, to 23,190.72, finishing the second quarter with a solid 4.7% gain. For the first six months of this year, the index dropped 0.5%.
The yen weakened against the U.S. dollar, trading at ¥101.37 from ¥101.41 in the previous session.
Market movers included Japanese electronics giant Sharp Corp., climbing 1.6%, IT service provider Fujitsu, up 1.2%, and life insurer Dai-Ichi Life Insurance Company, higher by 1%.
In Hong Kong, Chinese electric car company BYD Co. tumbled 3.6%, and Hong Kong developer Henderson Land Development Co. fell 1.4%.
In other markets;
The Shanghai CSI 300 gained 14.86 points, or 0.7%, to 2,165.12
In Korea, the Kospi index picked up 13.70 points, or 0.7%, to 2,002.21
Singapore’s Straits Times Index slid 15.38 points, or 0.5%, to 3,255.67
In Taiwan, the Taiex index jumped 86.24 points, or 0.9%, to 9,393.07
In New Zealand, the NZX 50 slipped 2.77 points, or 0.1%, to 5,141.48
Australia’s S&P/ASX 200 deducted 49.31 points, or 0.9%, to 5,396.75
