Tokyo, Japan (BBN)-Markets across Asia have seen stocks rally on the back of Opec agreeing its last-minute deal to cut oil production.
Shares in Japan also profited from a weaker yen providing a boost to the country’s exporters, reports BBC.
The Nikkei 225 is up 1% with energy companies being among the biggest winners. Earlier in the day, the index had jumped as much as 2.3%.
Hong Kong’s Hang Seng also moved 0.6% higher while the mainland benchmark Shanghai Composite is up 0.5%.
Australia also saw stocks lifted by the post-Opec optimism, the ASX 200 closed up by 1.1%.
In South Korea, the Kospi index remained flat.
BBN/AI