Asian stocks rise following Wall Street’s 3rd straight winning week

Hong Kong, Nov. 20 (BNA):  Asian shares were higher Monday after Wall Street closed its third straight winning week with a tiny gain.

 

U.S. futures were lower while oil prices gained as investors looking ahead to OPEC plus meetings, according to the Associated Press (AP).

 

Japan’s Nikkei 225 index broke its September peak, hitting a 33-year high, and then fell to 33,414.87, shedding 0.5%.

 

The Hang Seng in Hong Kong added 1.5% to 17,717.60, and the Shanghai Composite index advanced 0.5% to 3,070.22.

 

China announced on Monday that it would keep its benchmark lending rates unchanged as expected due to a weaker yuan and the need to assess the impact of recent stimulus measures on the economy.

W.M