Most Asian markets marched higher on Monday, despite data showing US jobs growth expanded at a slower than expected rate.
The Bureau of Labor Statistics said non-farm payrolls increased by 74,000 in December, considerably below estimates for 193,000. The unemployment rate fell to 6.7% from 7%.
The weaker than forecast US non-farm payrolls also reduced expectations that the Federal Reserve will continue to trim its bond-buying programme.
Japanese markets were shut for a public holiday. The Hang Seng advanced 42 points at 22,888.
Hong Kong stocks shrugged off a weak start to Monday's session as shares of Chalco and China Resource Power pushed strongly ahead. Their shares rose 7% and 3.7% respectively.
Chalco surged after it said it expects to report a move back into profit in 2013. Oil giant Cnooc increased 1.02%.
Elsewhere shares of PC maker Lenovo added 1.7% while retailer Esprit added 0.1% and Li & Fung firmed 0.2%.
Source: LiveCharts
The Bureau of Labor Statistics said non-farm payrolls increased by 74,000 in December, considerably below estimates for 193,000. The unemployment rate fell to 6.7% from 7%.
The weaker than forecast US non-farm payrolls also reduced expectations that the Federal Reserve will continue to trim its bond-buying programme.
Japanese markets were shut for a public holiday. The Hang Seng advanced 42 points at 22,888.
Hong Kong stocks shrugged off a weak start to Monday's session as shares of Chalco and China Resource Power pushed strongly ahead. Their shares rose 7% and 3.7% respectively.
Chalco surged after it said it expects to report a move back into profit in 2013. Oil giant Cnooc increased 1.02%.
Elsewhere shares of PC maker Lenovo added 1.7% while retailer Esprit added 0.1% and Li & Fung firmed 0.2%.
Source: LiveCharts
