TOKYO: Japan’s Nikkei Stock Average NIK, +0.45% finished up 0.5% at 19,379.19, as some of the country’s biggest companies reported improved profits. Game maker Nintendo’s 7974, +7.17% shares surged more than 7% after the company released better-than-expected results, including its first annual operating profit in four years.
The Hang Seng Index HSI, +1.05% finished up 1.1% at 27,577.34, as investors shrugged off Friday data showing that China’s exports fell unexpectedly in April, the latest sign of headwinds for the domestic economy.
Among the region’s bond markets, Australia’s ranked as the biggest gainer; the yield on its 10-year Treasury TMBMKAU-10Y, -4.78% fell 0.14 percentage point to 2.85%, after hitting a five-month high Thursday. Bond yield moves inversely to the price.
