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Asia-Pacific Rises to End Week

Shares in Asia-Pacific advanced on Friday as technology shares mostly rose, following overnight gains for their counterparts on Wall Street.

In Japan, the Nikkei 225 gained 332.11 points, or 1.3 %, to 29,609.97

Japanese conglomerate SoftBank Group saw its shares up 2.5% while South Korea’s LG Electronics surged 3.8%.

The Japanese yen traded at 114.02 per U.S. dollar, struggling to recover after weakening from below 113.5 against the greenback earlier in the week.

In Hong Kong, the Hang Seng gained 79.98 points, or 0.3%, to 25,327.97.

Hong Kong-listed shares of JD.com soared 5.17% following the Singles Day online shopping event, while Alibaba fell 0.49%. Both companies set new sales records across their platforms on Singles Day.

Meanwhile, Hong Kong-listed shares of Chinese chipmaker Semiconductor Manufacturing International Corporation dropped 3.83% after the firm said a top executive and multiple board members resigned.

The Australian dollar changed hands at $0.7296, still off levels above $0.738 seen earlier this week.

In other markets

In China, the CSI 300 surrendered 10.27 points, or 0.2%, to 4,888.38

In Taiwan, the Taiex recovered 65.61 points, or 0.4%, to 17,518.13

In Singapore, the Straits Times Index dropped 9.62 points, or 0.3%, to 3,228.45

In Korea, the Kospi index restocked 43.88 points, or 1.5%, to 2,968.80.

In New Zealand, the NZX 50 stumbled 118.76 points, or 0.9%, to 12,908.15.

In Australia, the ASX 200 picked up 61.1 points, or 0.8%, at 7,443.05.