Asia Markets: Asian markets largely rally, making up from early losses

After a soft opening, Asian equities broadly turned higher Monday as the market looked to rebound from Friday’s weakness, although investors remained wary of lingering U.S.-China trade tensions and shaky oil prices.

Japan’s Nikkei NIK, +0.26% made up early losses of almost 1% and was last up about 0.2%. Major exporters lost ground behind a weaker yen. Sony 6758, -1.84% fell 2.3% while Honda 7267, +0.00% and Nintendo 7974, +0.22% slipped slightly. Robotics maker Fanuc 6954, +2.55% jumped 2.3%.

Hong Kong stocks started slightly higher after Friday’s region-leading declines. The Hang HSI, +0.47% was up 0.3% following last week’s 3.3% skid, including 2.4% on Friday.

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