Asian stocks rallied Tuesday, following strong gains on Wall Street that snapped five straight days of losses. Investors may have also been buoyed by increased optimism over a Brexit vote in the British Parliament later in the day after Prime Minister Theresa May won last-minute concessions from the EU on the so-called Irish backstop.

Japan’s Nikkei

NIK, +1.88%

  gained 1.9% and Hong Kong’s Hang Seng index

HSI, +1.50%

  rose 1.4%. On the Chinese mainland, the Shanghai Composite

SHCOMP, +2.15%

  advanced 1.5% while the smaller-cap Shenzhen Composite

399106, +2.54%

  rose 1.7%. South Korea’s Kospi

SEU, +0.88%

  nudged up 0.9% and Australia’s S&P/ASX 200

XJO, -0.09%

  inched up 0.3%. Indexes rose in Taiwan

Y9999, +0.98%

  and Singapore

STI, +1.03%

 , but Indonesia

JAKIDX, -0.26%

  was slightly in the red.

Among individual stocks, Hitachi

6501, +4.17%

  surged in Tokyo trading, as did Nintendo

7974, +3.39%

  , Sony

6758, +2.51%

  and Fast Retailing

9983, +3.03%

 . Telecom China Mobile

0941, +1.75%

  and insurer AIA

1299, +1.69%

  gained in Hong Kong, while Samsung

005930, +2.63%

  rose in Korea. Energy stocks such as Santos

STO, +1.91%

  and Beach Energy

BPT, +3.00%

  advanced again in Australia.

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2019-03-11