Asia Markets: Asian markets climb on trade-deal hopes, MSCI expansion

Asian shares were mostly higher on Friday after a report suggested that the leaders of China and the U.S. could be endorsing a trade deal in weeks.

According to Bloomberg, U.S. officials are preparing a final trade deal ahead of a summit between President Donald Trump and Chinese leader Xi Jinping, which could take place as soon as mid-March. It cited unnamed sources close to the matter.

Japan’s Nikkei 225 index NIK, +1.02% closed up 1% and Hong Kong’s Hang Seng HSI, +0.63% added 0.6%. The Shanghai Composite index SHCOMP, +1.80% jumped 1.8% and Australia’s S&P ASX/200 XJO, +0.38% gained 0.3%.

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