Asian markets recuperated Monday from a dramatic Friday when they tanked on Brexit news.
Tokyo’s Nikkei 225 gained 2.4 percent to end at 15,309 while Shanghai’s SSE rose 1.5 percent to finish at 2,896. Chinese investors snapped up shares after China’s central bank slashed the yuan’s reference rate against the dollar.
Hong Kong’s Hang Seng was the outlier. It edged down 0.2 percent to close at 20,227.
Fast Retailing jumped 4.2 percent to end at 27, 385 yen. Chow Tai Fook advanced 6.7 percent to close at 5.71 Hong Kong dollars
Isetan Mitsukoshi fell 2.4 percent to end at 920 yen. Esprit lost 2.3 percent to 5.47 Hong Kong dollars.
Takashimaya ended basically flat at 688 yen after it reported a steep drop in first-quarter earnings on Friday.