Asian shares rose on Friday after robust U.S. private jobs data boosted Wall Street equities to record highs, with technology companies driving advances.
Japan’s Nikkei 225 Index climbed 1.8% to 20,219.53, rising above 20,000 for the first time since December 2015, while the Nikkei Asia300 Index of more than 300 regional companies outside of Japan rose 0.4%. Samsung Electronics advanced 2.5% in Seoul; while Taiwan Semiconductor Manufacturing Co. and Hong Kong-listed Tencent Holdings added 0.5% each after the technology-heavy Nasdaq Composite hit all-time highs.
Data released overnight showed U.S. private employers added more jobs in May than analysts were expecting and a private survey of factory activity expanded. Investors await a more closely-followed U.S. labour market report later Friday.