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Currencies

Japan Jumps Friday

Stocks in Asia-Pacific mostly rose in Friday trade, as investors reacted to the market debut of JD Logistics in Hong Kong.

In Japan, the Nikkei 225 zoomed 600.4 points, or 2.1%, to end the week at 29,149.41.

The Japanese yen traded at 109.84 per U.S. dollar, following its sharp weakening yesterday from levels below 109.2 against the greenback.

In Hong Kong, the Hang Seng regained 11.21 points to 29,124.41.

Shares of JD Logistics opened at 46.05 Hong Kong dollars before surging to more than 18% from their issue price at one point .Much of those gains were later pared, however, with the stock ending the trading day 3.32% above its issue price. Shares of Chinese e-commerce giant JD.com slipped 0.7%.

The Australian dollar changed hands at $0.7729, still lower than levels above $0.777 seen earlier this week.

In other markets

In Shanghai, the CSI 300 lost 17.14 points, or 0.3%, to 5,321.09.

In Singapore, the Straits Times Index added 13.68 points, or 0.4%, to 3,178.50.

The Kospi index in Korea recovered 23.22 points, or 0.7%, to 3,188.73

In Taiwan, the Taiex index roared ahead 269.25 points, or 1.6%, to 16,870.86

In New Zealand the NZX 50 backpedaled 61.08 points, or 0.5%, to 12,182.25

In Australia, the ASX 200 galloped 84.63 points, or 1.2%, to 7,179.51.