Asia-Pacific shares up

---

FE Team | Published: June 02, 2023 21:56:22

---

Asia-Pacific shares mostly rose on Friday as traders look ahead to the US May jobs report, with Hong Kong's Hang Seng index trading as high as 4 per cent and leading gains in the wider region, reports CNBC.
The consumer and real estate sector steered the Hang Seng index's advances, with investment holding company Longfor soaring 14.48 per cent and automotive company Zhongsheng Group surging more than 8 per cent. Tech giants like Baidu, JD.com and Alibaba also rallied.
The index closed 4.02 per cent higher at 18,949.94.
Elsewhere, the Kospi closed 1.25 per cent higher as South Korea's consumer inflation for May cooled to a 19-month low, easing for the fourth straight month. The Nikkei 225 traded up 1.21 per cent to 31,524.22.
Mainland China's Shanghai Composite added 0.79 per cent to close at 3,230.07 while the Shenzhen Component climbed 1.497 per cent, ending at 10,998.07.
In Australia, the S&P/ASX 200 added 0.48 per cent to close at 7,145.1.
Overnight in the US, all three major indexes advanced gains, with the S&P 500 and Nasdaq Composite closing at their highest levels since August. The Dow Jones Industrial Average climbed 0.47 per cent.