市场快报

Asia stocks follow Wall Street higher as oil prices rise

Jump in crude comes after Saudi Arabia announces production cut
The gains for Asia-Pacific stocks came after US jobs data showed new hires increased more than expected in May

Asian equities broadly followed Wall Street higher on hopes of US economic resilience, while oil futures climbed after Saudi Arabia announced production cuts in an attempt to shore up crude prices.

Japan’s benchmark Topix stock index rose 1.3 per cent, Australia’s S&P/ASX added 1.1 per cent and Hong Kong’s Hang Seng gained 0.7 per cent on Monday.

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