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Stocks

Nikkei Asia300 Index gains as U.S. jobs data fuels risk appetite

Hon Hai Precision, ComfortDelGro, Hyundai Motor among key movers

MUMBAI (NewsRise) -- Asian stocks outside of Japan advanced Monday, as an upbeat U.S. jobs report prompted a rally in global equity markets.

The Nikkei Asia300 Index rose 0.9% to 1,380.22. Singapore's ComfortDelGro rallied 6.3% after the transport operator said it will form a joint venture with Uber Technologies. Under the pact announced after market hours on Friday, the company will buy a 51% stake in Uber's local car rental unit for S$295 million ($218 million).

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