Asian Markets Climb on Momentum From Upbeat US Jobs Report

Peace and Freedom

TOKYO — Shares rose in Asia in early Monday trading after last week’s report of strong gains in U.S. payrolls. Japan’s Nikkei 225 index climbed 0.6 percent to 20,075.21 as the yen slipped slightly against the U.S. dollar. A weaker yen enhances the overseas earnings of manufacturers when they are brought back to Japan.

KEEPING SCORE: Hong Kong’s Hang Seng index added 0.3 percent to 27,652.60 and South Korea’s Kospi was up 0.5 percent at 2,408.37. The S&P ASX 200 in Australia rose 1 percent to 5,776.50, while the Shanghai Composite index slipped 0.2 percent to 3,256.68. India’s Sensex was flat at 32,338.96. Taiwan’s benchmark jumped 0.7 percent, and shares in Southeast Asia were mixed.

WALL STREET LAST WEEK: Banks, technology companies and other stocks climbed Friday after the Department of Labor said U.S. employers added 209,000 jobs in July…

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